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​Economists Have Found That Some Risky Behaviors Increase and Preventative

Question 343

Multiple Choice

​Economists have found that some risky behaviors increase and preventative medicine use decreases when individuals in the U.S. turn 65 and qualify for Medicare (public health insurance) . This phenomenon is most consistent with which of the following concepts?


A) ​Moral hazard
B) ​Time inconsistency
C) ​Availability bias
D) ​Confirmation bias

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