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Cuba Cuba
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8 years ago
A key problem facing insurance companies is that people know more about their own health than do insurance companies, and that those people who are seriously ill are the ones most likely to want to obtain health insurance. This phenomenon is called
A) adverse selection.
B) asymmetric information.
C) moral hazard.
D) a premium death spiral.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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Cuba Author
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#2
8 years ago
Exactly what I needed, thanks a million.
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#3
8 years ago
Awesome Happy Dummy
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