The Problem of Moral Hazard Arises Because

The problem of moral hazard arises because

A) wisdom learned in one era does not easily translate to other time periods.
B) value judgments about what is good or bad are inherently subjective.
C) representatives, once selected, cannot easily be monitored.
D) candidates are reluctant to reveal negative characteristics about themselves.
E) we never know what elected officials really want to do when elected.