题目内容

Financialcrises

A. aremajordisruptionsinfinancialmarketsthatarecharacterizedbysharpdeclinesinassetpricesandthefailuresofmanyfinancialandnonfinancialfirms.
B. occurwhenadverseselectionandmoralhazardproblemsinfinancialmarketsbecomemoresignificant.
C. frequentlyleadtosharpcontractionsineconomicactivity.
D. alloftheabove.

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Solutionstothemoralhazardprobleminclude

A. highnetworth.
B. monitoringandenforcementofrestrictivecovenants.
C. greaterrelianceondebtcontractsandlessonequitycontracts.
D. alloftheabove.

Onewayofdescribingthesolutionthathighnetworthprovidestothemoralhazardproblemistosaythatit

A. collateralizesthedebtcontract.
B. makesthedebtcontractincentivecompatible.
C. stateverifiesthedebtcontract.
D. doesnoneoftheabove.

组合体的组合形式不包括()。

A. 叠加式
B. 切割式
C. 组合式
D. 混合式

形体分析法把形体进行切割、叠加都是假想的。

A. 对
B. 错

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