This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a result of adverse selection? A) The insurer's financial results will ... (Read 65 times)

K@

  • Hero Member
  • *****
  • Posts: 608
on: Jul 11, 2018
Which of the following is a result of adverse selection?
 
  A) The insurer's financial results will be substantially improved.
  B) Persons most likely to have losses are also most likely to seek insurance at standard rates.
  C) It is unnecessary for the insurance company to use underwriting.
  D) Insurance can be written only by the federal government.

Question 2

The tendency for unhealthy people to seek life or health insurance at standard rates is an example of
 
  A) moral hazard.
  B) fundamental risk.
  C) attitudinal hazard.
  D) adverse selection.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


K@

  • Member
  • Posts: 608
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Directional selection. Directional selection.
Directional selection pushes a phenotype one way or another. Directional selection pushes a phenotype one way or another.
Management of Opioid Adverse Effects Management of Opioid Adverse Effects
The two skills of the element Selection of Alternatives The two skills of the element Selection of Alternatives
The results of reciprocal crosses between streptomycin-resistant and streptomycin-sensitive The results of reciprocal crosses between streptomycin-resistant and streptomycin-sensitive
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
Video: Mendel's Pea Experiment

For a complete list of videos, visit our video library