Governments choose to mandate participation in a program, such as auto insurance, when:
A) the functioning of the market or program is thought to be in the public interest.
B) the market or program would not otherwise exist.
C) the market or program would otherwise exist illegally.
D) None of these are true.
Correct Answer:
Verified
Q136: A well-known brand name associated with high
Q137: Statistical discrimination:
A)can limit individuals' opportunities simply because
Q138: Which of the following is an example
Q139: When shopping for a used car, Anoop
Q140: Filling gaps in your information by generalizing
Q142: When the government mandates participation in a
Q143: Government-mandated participation in the auto insurance market
Q144: Some policy makers have suggested that mandatory
Q145: Disclosure laws:
A)are an example of how the
Q146: The government requires that every driver have
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents