When people who buy insurance change their behavior after the purchase because they are protected from loss by the insurance, the insurance market is said to face the problem of
A) economic irrationality. B) asymmetric information.
C) adverse selection. D) moral hazard.
D
Economics
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Economists often refer to the government revenue obtained from money creation as:
A) liquid revenue. B) windfall revenue. C) an inflation tax. D) a supplementary tax.
Economics
Capital gains are profits that you earn on the sale of your
a. labor. b. money. c. financial asset. d. economics textbook.
Economics