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valputin valputin
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8 years ago
Some automobile owners will drive faster knowing that they are covered by health and automobile insurance. This behavior creates the problem of
A) pecuniary purchases.
B) moral hazard.
C) adverse selection.
D) fraudulent claims.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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butterfly127butterfly127
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8 years ago
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valputin Author
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#2
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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