Social Studies, 26.11.2019 22:31, jahnoibenjamin

Martha used to pay for her expenses with her own hard-earned money. she always tried to spend as little as she could. however, she started spending more when she received a scholarship. this behavior is an example of

a. moral hazard.
b. a pecuniary externality.
c. the paradox of thrift.
d. the free-rider problem.

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Martha used to pay for her expenses with her own hard-earned money. she always tried to spend as lit...