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Author Question: Which of the following are examples of tools used to reduce adverse selection? (Read 25 times)

sammy

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Question 1

As a result, of adverse selection problems in the fire insurance market, it is likely that over time


◦ fewer low-risk people will be insured.
◦ fewer high-risk people will be insured.
◦ fewer low-risk and high-risk people will be insured.
◦ more low-risk people will be insured.

Question 2

Which of the following are examples of tools used to reduce adverse selection?


◦ universal health coverage
◦ dealer warranties
◦ lemon laws
◦ All of these


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Marked as best answer by sammy on Apr 19, 2019

Kaytorgator

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sammy

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Kaytorgator

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