Recall the Application About How Having Car Insurance Affects Driving

Multiple Choice

Recall the Application about how having car insurance affects driving behavior to answer the following
question(s) .
-Recall the Application. The idea that an insured driver, who bears less than the full cost of a collision, will drive less carefully than an uninsured driver is an example of

A) asymmetric information.
B) adverse selection.
C) moral hazard.
D) a thin market.