Inventory is more liquid than accounts receivable because receivables must be collected and some customers may not be willing to pay, while inventory need only be sold in a retail store

Which of the following are problems that commonly arise in health insurance programs?

A. Adverse selection B. Moral hazard C. Premiums that are too low (and remain so) to make a profit D. Both a and b arise E. Problems a, b, and c, all arise

Selective attention is the tendency to interpret information in a way that will fit our preconceptions

Indicate whether the statement is true or false