Multiple Choice
In the market for automobile insurance,moral hazard implies that
A) those who are insured might take greater risks.
B) those who are uninsured might take greater risks.
C) insured and uninsured alike will take greater risks.
D) screening will have no effect in the market.
E) drivers with greater risks are more likely to buy insurance.
Correct Answer:

Verified
Correct Answer:
Verified
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