(Consider This) Which of the following is not a consequence of government subsidized ﬂood insurance?
A) More people will choose to live in areas susceptible to ﬂooding.
B) Taxpayers will have to help pay for the rebuilding of ﬂooded properties.
C) It makes actual risks of ﬂooding look artiﬁcially low.
D) More people will choose to live and work on higher ground.

Question

Quizplus · Accepted Answer

The other choices are consequences of government subsidized flood insurance, such as incentivizing people to live in flood-prone areas and shifting the cost of rebuilding onto taxpayers. However, subsidized flood insurance would not necessarily encourage people to live and work on higher ground.

(Consider This) Which of the Following Is Not a Consequence