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    Exam 12: The Economics of Information
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    In the Absence of Laws Requiring Individuals to Purchase Insurance
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In the Absence of Laws Requiring Individuals to Purchase Insurance

Question 30

Question 30

Multiple Choice

In the absence of laws requiring individuals to purchase insurance, insurance is most attractive to:


A) the poor.
B) the wealthy.
C) those with lowest likelihood of filing a claim.
D) those with the highest likelihood of filing a claim.

Correct Answer:

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