Author Question: In the market for insurance, the adverse selection problem leads a. those most likely to collect on ... (Read 61 times)

B · **on:** Jun 30, 2018

In the market for insurance, the adverse selection problem leads
a. those most likely to collect on insurance to buy it.
b. those who buy insurance to take fewer precautions to avoid the insured risk.
c. those with less insurance to take on more risk.
d. to none of the above.

Question 2

International trade permits greater consumption than would be possible from the domestic production alone.
a. True
b. False
Indicate whether the statement is true or false