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    Exam 23: Moral Hazard and Adverse Selection: Informational Market Failures
  5. Question
    The Amount Any Agent Will Have to Pay in the Event
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The Amount Any Agent Will Have to Pay in the Event

Question 5

Question 5

True/False

The amount any agent will have to pay in the event that the situation being covered by the insurance company occurs is called the co-insurance (deductible).

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