Multiple Choice
Which is NOT an example of moral hazard
A) people eat less at all-you-can-eat buffets
B) loggers clear-cut a tract of land when paying a fixed price rather than when paying per tree felled
C) Drivers of heavier,safer cares are more likely to run stop signs
D) workers on commission work harder than those paid an hourly wage
Correct Answer:
Verified
Correct Answer:
Verified
Q16: Moral hazard implies that<br>A)Insured individuals exercise less
Q17: An example of moral hazard is<br>A)people drive
Q18: An example of moral hazard is<br>A)workers shirking
Q19: Banks are more willing to lend money
Q20: An example of moral hazard is<br>A)A taxi
Q22: To keep employees from shirking,invest in greater
Q23: Scope of Services<br>An apartment owner has contracted
Q24: Sam,after taking a $200 loan from the
Q25: Which of the following is true?<br>A)Borrowers take
Q26: Individuals with homeowner's insurance tend to be