The Lack of Incentive to Guard Against Risk Where One

question 41

Multiple Choice

The lack of incentive to guard against risk where one is protected from it is known as:

• A) risk aversion
• B) too big to fail
• C) protection guarantee
• D) incentive failure
• E) moral hazard

---

Definitions:

Pericardium

A membrane surrounding the heart and consisting of an outer fibrous layer and an inner double layer of serous membrane.

Cartilage

A flexible, connective tissue found in various forms throughout the body, including joints, ear, and nose.

Chondrocytes

Cartilage cells.

Blastocytes

An early stage of embryonic development in mammals, consisting of a hollow sphere of cells that implants in the uterine wall.