This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is NOT an example of either moral hazard or adverse selection? (Read 59 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
on: May 25, 2020

Question 1

Insurance companies can reduce the moral hazard problem with which of the following methods?
◦ Raising the insurance premium
◦ Making the insured pay the first £50 of any insurance claim themselves
◦ Offering a no claims bonus
◦ A and B

Question 2

Which of the following is NOT an example of either moral hazard or adverse selection?
◦ A business owner/manager doing fewer hours work than his employees
◦ An individual not pointing out their worst characteristics on a job application form
◦ A student not being as careful with their spending levels when the student's parents are paying his/her credit card bill
◦ A shop worker doing less work on the days when the boss is not in the shop
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by newyorker26 on May 25, 2020

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


newyorker26

  • Member
  • Posts: 536
Reply 2 on: May 25, 2020
Excellent

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Bartel and Szostak demonstrated chemical selection for RNA molecules that can catalyze phosphoester Bartel and Szostak demonstrated chemical selection for RNA molecules that can catalyze phosphoester
The deer mouse and the African elephant represent extremes among mammals of r versus K selection. The deer mouse and the African elephant represent extremes among mammals of r versus K selection.
Selected Drugs Associated with Serious Adverse Effects During Breast-Feeding Selected Drugs Associated with Serious Adverse Effects During Breast-Feeding
Dental Related Adverse Effects in Patients Undergoing Cancer Treatment Dental Related Adverse Effects in Patients Undergoing Cancer Treatment
Possible mechanisms for alternative splicing by splice-site selection Possible mechanisms for alternative splicing by splice-site selection
Directional Selection in Rock-Pocket Mice Directional Selection in Rock-Pocket Mice
Video: Pressure Flow Model Animation

For a complete list of videos, visit our video library