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Author Question: _____ refers to the situation faced by an insurance plan whose costs steadily increase as worse ... (Read 33 times)

wenmo

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on: Jun 30, 2018
_____ refers to the situation faced by an insurance plan whose costs steadily increase as worse risks migrate toward it and better risks migrate away.
 a. Adverse selection
  b. Lemons problem
  c. Moral hazard
  d. Death spiral

Question 2

Principal-agent problems are not addressed in the market for corporate control.
  Indicate whether the statement is true or false


bpool94

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

False


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wenmo

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Reply #2 on: Jun 30, 2018
Correct answers!


bpool94

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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