_____ refers to the situation faced by an insurance plan whose costs steadily increase as worse risks migrate toward it and better risks migrate away

a. Adverse selection
b. Lemons problem
c. Moral hazard
d. Death spiral

D

Economics

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A temporary supply shock that raises prices will cause the real interest rate to

A) rise in both the short and long runs. B) rise in the short run but not in the long run. C) fall in both the short and long runs. D) fall in the short run but not in the long run.

Economics

If a US citizen is employed by a US company in Russia, the income she earns is:

a. part of US GNP and Russian GDP. b. part of US GNP and Russian GNP. c. part of US GDP and Russi GNP d. part of US GDP and Russia GDP.

Economics