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    By Requiring That Applicants for Insurance Policies Fill Out Lengthy
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By Requiring That Applicants for Insurance Policies Fill Out Lengthy

Question 111

Question 111

Multiple Choice

By requiring that applicants for insurance policies fill out lengthy forms and take a physical examination, insurers attempt to guard against


A) symmetrical information
B) adverse selection
C) natural selection
D) moral hazard
E) the winner's curse

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