Multiple Choice
Which of the following practices are, at least in part, attempts to reduce moral hazard problems?
A) Parking ramps require customers to take a ticket with the time stamped on it from a machine in order to gain entrance.
B) Factory workers are paid by the hour.
C) A restaurant owner works long hours in order to make more profit.
D) None of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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