An individual with no deductible on his or her health insurance policy will tend to engage in a lifestyle that is less healthy than a person with a $2,000 insurance deductible. This is said to be a problem of
A) healthy selection.
B) moral hazard.
C) wellness training.
D) blue-zoning.
Answer: B
You might also like to view...
________ is the market structure in which there are a few rival firms
A) Perfect competition B) Monopolistic competition C) Monopoly D) Oligopoly
The longer is the interval between firms' price adjustments
A. the smaller the output effect of a given change in the money supply. B. the shorter the interval the horizontal new Keynesian aggregate supply curve will remain in position. C. the longer the interval that the horizontal new Keynesian aggregate supply curve will remain in position. D. the new Keynesian aggregate supply curve will become steeper.
Home Depot sells new and used doors to contractors who build new homes. Home Depot also sells new and used doors to homeowners. Which of the following would be counted in GDP?
A) the sale of a used door to a homeowner B) the sale of a new door to homeowner C) the sale of a used door to TapKon construction for installation into a new home D) the sale of a new door to TapKon construction for installation into a new home
In a labor-market pooling equilibrium with high-skill and low-skill workers and where a costly educational degree is used as a signaling device,
A) the high-skill workers' wage is larger than the low-skill workers' wage. B) the low-skill workers' wage is zero. C) the high- and low-skill workers receive the same wage. D) the high-skill workers' wage is equal to the low-skill workers' wage plus the cost of obtaining a degree.