The government of Genovia introduced an unemployment insurance ...

[SAVANNAHHOOPER23]

The government of Genovia introduced an unemployment insurance that ensures full payment of former wages to unemployed workers.
 
  A study conducted a few months after the introduction of this policy showed that several unemployed workers in Genovia were not actively searching for work. Such behavior is an example of ________. A) adverse selection
  B) moral hazard
  C) the prisoners' dilemma
  D) the free-rider problem

Question 2

Refer to the scenario above. In this game, the dominant strategy equilibrium occurs if ________.
 
  A) Firm A chooses Strategy Y, and Firm B chooses Strategy X
  B) Firm B chooses Strategy Y, and Firm B chooses Strategy X
  C) Both Firm A and Firm B choose Strategy X
  D) Both Firm A and Firm B choose Strategy Y

[Carissamariew]

Answer to Question 1

B

Answer to Question 2

A

[SAVANNAHHOOPER23]

Thanks for the timely response, appreciate it

[steff9894]

Great answer, keep it coming