Unemployment rises in ____, and falls in ____

The problem of moral hazard in health insurance _____

a. drives up health care costs b. exacerbates the adverse selection problem c. can cause individuals to be more careful d. creates incentives to diet and regular exercise

If the social marginal cost of a good is very high relative to the private marginal cost, then a monopoly will most likely

A) produce more than the social optimum. B) produce less than the social optimum. C) produce the social optimum. D) produce zero pollution.