1. "A moral hazard problem that occurs when the managers in control act in their own interests rather than in the interests of the owners due to differing sets of incentives" most nearly defines what is referred to in finance literature as:
an Occupy Wall Street moment
the risk obfuscation principle
the principal-agent problem
systemic risk
an Oxleymoron
2. It is common for the Fed to change reserve requirements as often as six or seven times a year.
True
False