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

Government-subsidized flood insurance can make living in flood-prone areas more attractive by lowering the cost of insurance, leading to more development in these areas (A), and spreading the financial risk to taxpayers (B). It can also distort perceptions of flood risk (C). However, it does not encourage people to live on higher ground, which would be a consequence of higher, market-driven insurance rates in flood-prone areas.

Which of the Following Is Not a Consequence of Government