Auto insurance providers charge higher premiums to young male drivers, because they tend to be involved in more car accidents than other populations. This is an example of:
A) adverse selection.
B) signaling.
C) moral hazard.
D) statistical discrimination.
Correct Answer:
Verified
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Q119: Someone directly involved in a transaction can
Q120: Building a good reputation is a form
Q122: Statistical discrimination:
A)can limit individuals' opportunities simply because
Q123: Which of the following exemplifies statistical discrimination
Q124: Generalizing using statistical discrimination is:
A)an irrational response
Q125: Statistical discrimination is sometimes:
A)illegal.
B)unethical.
C)not useful.
D)All of these
Q126: The government can help solve an information
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