Author Question: The tendency for the poorest risks to buy health insurance and the tendency of the insured to take ... (Read 113 times)

Brittanyd9008 · **on:** Jun 30, 2018

The tendency for the poorest risks to buy health insurance and the tendency of the insured to take more risks with their health are known as
a. moral hazard and adverse selection, respectively
b. the winner's curse and adverse selection, respectively
c. adverse selection and natural selection, respectively
d. adverse selection and moral hazard, respectively
e. the winner's curse and moral hazard, respectively

Question 2

A requirement for development is
a. an unreliable system of financial institutions
b. a lack of saving by households and firms
c. low confidence in domestic currency
d. low and predictable inflation that encourages saving
e. None of the answers is correct