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    Microeconomics Study Set 3
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    Exam 17: Uncertainty
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    Many People Do Not Fully Insure Against Risk Because
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Many People Do Not Fully Insure Against Risk Because

Question 50

Question 50

Multiple Choice

Many people do not fully insure against risk because


A) they are risk averse.
B) the insurance companies are all crooks.
C) the insurance offered is less than fair.
D) the insurance offered is more than fair.

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