If an individual is less careful about avoiding accidents or illness because she has health insurance, this is an example of
A) the free-rider problem.
B) the moral hazard problem.
C) the adverse selection problem.
D) the Coase theorem.
Correct Answer:
Verified
Q114: Q115: If the existence of health insurance increases Q116: Sam decides to join the Gigantic State Q117: The problem of asymmetric information is that Q118: If labor productivity in the health care Q120: Q121: Health care costs have tended to rise Q122: Other things equal, increased emphasis on providing Q123: Insurance tends to drive up health care Q124: 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![]()
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