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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 9
In which of the following government policies is moral hazard not a concern? a. Government provides disaster relief for homeowners who lose their homes in a flood.
B) Government provides unemployment insurance when workers are laid off.
C) Government raises taxes to pay for social services.
D) Government requires hospitals to treat anyone who comes to the emergency room, regardless of insurance status.
B) Government provides unemployment insurance when workers are laid off.
C) Government raises taxes to pay for social services.
D) Government requires hospitals to treat anyone who comes to the emergency room, regardless of insurance status.
Explanation
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Moral hazard refers to the behavior of r...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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