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Cuba Cuba
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Posts: 2658
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8 years ago
When people purchase health insurance and then change their behavior after the purchase because the insurance protects them from loss, the health insurance market is said to face the problem of
A) asymmetric information.
B) moral hazard.
C) adverse selection.
D) the rationality paradox.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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8 years ago
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Cuba Author
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8 years ago
Straight to the point! Appreciate your time and your help.
wrote...
8 years ago
Awesome Happy Dummy
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