Multiple Choice
Which of the following has a positive externality and hence can be under provided?
A) chronically ill people are not allowed to buy insurance.
B) health insurance purchased through an employer
C) vaccination
D) Health Maintenance Organizations
E) None of the above have a positive externality.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Moral hazard is<br>A) the tendency for people
Q10: The fact that people who know they
Q11: In the United States,of all types of
Q14: In the market for automobile insurance,adverse selection
Q35: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figures
Q39: In the used car market with warranties,the
Q47: In the used car market,adverse selection creates
Q62: In the used car market with no
Q91: Screening<br>A) leads to a pooling equilibrium in
Q93: Warranties in the used car market _