Blood tests administered to applicants for medical insurance are an example of an attempt by insurance companies to deal with the problem of

A) moral hazard.
B) the drug abuse problems currently plaguing the country.
C) adverse selection.
D) failure of policyholders to keep paying their premiums.

C

Economics

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The demand curve faced by a perfectly competitive firm is:

a. perfectly inelastic. b. relatively elastic. c. unit elastic. d. perfectly elastic. e. relatively inelastic.

Economics

Autonomous consumption is


A. 0.
B. 1000.
C. 2000.
D. 2500.

Economics