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Author Question: An example of moral hazard is a. workers working diligently even though the boss is not looking b. ... (Read 193 times)

rachel9

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An example of moral hazard is
 a. workers working diligently even though the boss is not looking
  b. health care insured dieting and exercising
  c. drivers of safer cars turning their phones off before driving
  d. borrowers investing their loan proceeds differently than the bank requires

Question 2

What phrase best describes medical care spending in the United States in 1998?
 a. Total spending of more than 2 trillion represents 17 percent of GDP and approximately 8,000 per capita.
  b. Total spending of more than 1 trillion represents 14.8 percent of GDP and almost 6,000 per capita.
  c. Total spending of less than 1 trillion represents less than 13 percent of GDP and almost 3,000 per capita.
  d. Total spending is rising at double-digit rates and spending is soaring to over 5,000 per capita.
  e. Total spending is under control and represents a shrinking percentage of GDP.



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mcomstock09

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Answer to Question 1

d

Answer to Question 2

A





 

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