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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 4
Requiring every American to get mandatory health care insurance has been a controversial part of health care reform debates in the United States. Putting aside other arguments for or against mandatory coverage, would this policy reduce adverse selection, moral hazard, both, or neither?
Explanation
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Moral hazard:
Moral hazard refers to th...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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