Moral hazard occurs when: (Multiple Choice)

Moral hazard occurs when:
 a. Individuals and institutions do not bear the full cost of their own mistakes.
  b.Individuals and institutions make immoral decisions based on greed.
  c. General social decay leads to unethical business decisions.
  d. The actions of one (or a few) result cause harm to others, when the same would not occur if the actions were by many.
  e. All of the above are examples of moral hazard.

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Question 2 - Which of the following effects will not increase (i.e., shift to the right) the aggregate supply curve?
 a. An appreciation of the domestic currency.
  b. An increase in the number of immigrants.
  c. An increase in the price of fuel.
  d. None of these answers is correct.