Subjective Questions on What is 39 moral hazard 39 problem How does it lead to inefficient allocation of resources Suggest r........... for Indian Economic Service Preparation

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What is 39 moral hazard 39 problem How does it lead to inefficient allocation of resources Suggest r...........

Economics-I Theory of Value
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    What is 'moral hazard' problem ? How does it lead to inefficient allocation of resources ? Suggest remedial measures. (250 Marks) (20 Marks)

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