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    Microeconomics Study Set 10
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    Exam 10: Information
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    Moral Hazard
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Moral Hazard

Question 141

Question 141

Multiple Choice

Moral hazard:


A) always happens when adverse selection is a problem.
B) never happens when adverse selection is a problem.
C) can happen when adverse selection is a problem.
D) None of these statements is true.

Correct Answer:

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