Hans decides to start brushing his teeth less often after signing up for dental insurance. This is an example of:
A) moral hazard.
B) adverse selection.
C) both adverse selection and moral hazard.
D) neither adverse selection nor moral hazard.
Correct Answer:
Verified
Q117: The seller of an existing house claims
Q118: According to the theory of disappearing political
Q119: Which of the following helps explain the
Q120: It is spring, and several graduates of
Q121: If Tim insures his car against theft,
Q122: Suppose that there are two employers in
Q123: Carson and Fran are both thrill seekers.
Q125: Which one of the following policies mitigates
Q126: Alex just got a new car. Because
Q127: Suppose Jack just booked a ticket to
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