As a result, of adverse selection problems in the fire insurance market, it is likely that over time
A. fewer low-risk and high-risk people will be insured.
B. fewer high-risk people will be insured.
C. more low-risk people will be insured.
D. fewer low-risk people will be insured.
Answer: D
Economics
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An increase in the supply of bonds
A) raises the interest rate and increases equilibrium quantity of bonds. B) raises the interest rate and decreases equilibrium quantity of bonds. C) lowers the interest rate and decreases equilibrium quantity of bonds. D) lowers the interest rate and increases equilibrium quantity of bonds.
Economics
Market power in the United States causes a huge loss of economic efficiency
Indicate whether the statement is true or false
Economics