Raising the deductibles and copayments are a way of dealing with the:
A. Adverse selection problem of health insurance
B. Moral hazard problem of health insurance
C. Asymmetric information between doctors and patients
D. Externalities of health care
B. Moral hazard problem of health insurance
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Book publishers use price discrimination routinely, but the form of price discrimination they use is different from the form used by airlines and other industries. Explain
What will be an ideal response?
About 1.7 percent of elementary and secondary students were educated at home in 1999
a. True b. False
In perfect competition, as the long run approaches, economic losses will cause
a. the exit of existing firms, shifting the market supply curve to the left b. government regulation c. technological innovation d. inflation e. a favorable shift in tastes and preferences
If both nominal and real Gross Domestic Product (GDP) are increasing when the money supply is constant, than we can conclude that
A. interest rate has fallen. B. interest rate has increased. C. velocity has decreased. D. velocity has increased.