Unlike the market process, in the political market it is possible for some individuals to receive very large benefits from the political process without any significant impact on their tax bills

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.

Inflation is the hardest on those living on fixed incomes

a. True b. False Indicate whether the statement is true or false