Suppose that a provider of health insurance is concerned that a policy holder will eat unhealthy foods during the lifetime of their insurance contract. The insurer faces the problem of ________
A) Antediluvian intransigence
B) opportunity costs
C) moral hazard
D) adverse selection
C
Economics
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When a nation imports a good, its ________ surplus increases and its ________ surplus increases
A) consumer; producer B) consumer; consumer C) producer; producer D) producer; total E) total; consumer
Economics
Explain how market economies are generally better able to achieve technological progress than are centrally planned economies
What will be an ideal response?
Economics