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Author Question: Jane started eating more junk food and taking less care of her health after she bought life ... (Read 123 times)

crazycityslicker

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on: Jun 29, 2018
Jane started eating more junk food and taking less care of her health after she bought life insurance. Her behavior is an example of ________.
 
  A) moral hazard
  B) adverse selection
  C) the paradox of thrift
  D) the free-rider problem

Question 2

Which of the following correctly describes a final good?
 
  i. A final good is bought by its final consumer.
  ii. A final good can be used by a firm as a component of another good or service.
  iii. Investment goods cannot be a final good.
  A) i only
  B) i and ii
  C) i, ii and iii
  D) i and iii
  E) ii and iii


FergA

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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