Babydog2152 Babydog2152

30-01-2020
Business

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Successful financial intermediaries have higher earnings on their investments because they are better equipped than individuals to screen out good from bad risks, thereby reducing losses due to (a) moral hazard.(b) adverse selection.(c) bad luck.(d) financial panics

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ayoogunyemi ayoogunyemi

03-02-2020

Answer:

Financial panics

Explanation:

Financial panics is a sudden economic crisis that causes people to to get worried about their financial investment and assets and as a result begin to dispose their assets as a way of safeguard.

Deregulation in the financial industry could lead to Financial , currency and banking crisis.

The ability of financial organization to identify potential risks ahead of time and avoid the bad risks to install measures to curtail the effect help to manage financial panics and increase their earnings

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