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Author Question: Insurers try to minimize moral hazard by a. only selling policies to individuals with high ethical ... (Read 42 times)

lak

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on: Jul 1, 2018
Insurers try to minimize moral hazard by
 a. only selling policies to individuals with high ethical standards.
  b. requiring advance payments of premiums.
  c. charging higher premiums to individuals than to groups.
  d. charging deductibles and coinsurance.
  e. refusing to sell insurance to individuals with chronic illnesses.

Question 2

The problem of scarcity
 a. arises only in poor countries.
  b. exists because the price of goods is too high.
  c. exists because of limited resources.
  d. will eventually be solved by better planning.


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emilymalinowski12

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

c


lak

  • Member
  • Posts: 546
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

bbburns21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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