Multiple Choice
The difference between moral hazard and adverse selection is
A) moral hazard has to do with unobservable characteristics of individuals
B) moral hazard has to do with unobservable actions of individuals
C) adverse selection is when individuals change their behaviors because of a contract
D) adverse selection is when you choose the wrong answer on a test
Correct Answer:
Verified
Correct Answer:
Verified
Q2: A shoe salesman working on commission must
Q3: A shoe salesman working on commission must
Q4: An example of moral hazard is<br>A)workers working
Q5: To decrease anxiety in its most accomplished
Q6: A difference between moral hazard and adverse
Q8: The following is NOT an example of
Q9: One difference between moral hazard and adverse
Q10: Lindsey's auto-insurance company issued her a policy
Q11: Which is NOT an example of moral
Q12: An example of moral hazard is<br>A)people drive