Health insurance leads to what types of moral hazards?
What will be an ideal response?
unhealthy behavior like smoking, unhealthy diet and drinking
You might also like to view...
When the demand for alternative investments increases, the market for a particular bond adjusts by
a. having the supply of that bond increase. b. having the supply of that bond decrease. c. having the demand for that bond increase. d. having the demand for that bond decrease.
Why might tax cuts be more appropriate than increasing government expenditures to counter recessions? Is there any evidence for this thinking?
A country runs a deficit in its current account if:
a. ?it follows the double-entry bookkeeping requirement that total debits must equal total credits. b. ?foreign currency received from exports and transfers exceeds the foreign exchange needed to pay for imports and to make unilateral transfers. c. ?it consumes less goods and services compared to what it produces. d. ?foreign currency received from exports and transfers is less than the foreign exchange needed to pay for imports and to make unilateral transfers. e. ?the interest and dividends earned by its residents on foreign assets exceed the interest and dividends earned by foreigners who invest in domestic assets.
Refer to the data. If the market price for this firm's product is $87, it will produce:
A. 9 units at an economic profit of zero.
B. 6 units at a loss of $90.
C. 9 units at an economic profit of $281.97.
D. 8 units at an economic profit of $130.72.