An unhealthy person would likely choose a medical insurance policy with a
a. low premium and a high deductible.
b. high premium and a high deductible.
c. high premium and no deductible.
d. The unhealthy person would choose not to be insured.
c
Economics
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Individual members of a cartel have an incentive to ____ the cartel agreement because pursuit of ____ will maximize individual profit
a. adhere to; self-interest b. cheat on; collective interest c. cheat on; self-interest d. adhere to; collective interest
Economics
The Samaritan's dilemma describes the problem that exists when transfer programs, designed to help the poor, encourage choices that can promote or perpetuate
a. poverty. b. healthier lifestyles. c. reduced birth rates. d. increased life expectancy.
Economics