Health insurance markets are likely to attract a disproportionate number of ________ individuals
A) high-risk
B) risk-seeking
C) low-risk
D) risk-averse
A
You might also like to view...
The quantity of dollars demanded by foreign nations increases as
A) U.S. residents purchase more foreign goods. B) foreigners purchase more U.S. goods. C) more U.S. residents travel abroad. D) U.S. exports fall.
In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves, a ________ in the reserve requirement decreases the demand for reserves, ________ the federal funds interest rate,
everything else held constant. A) rise; lowering B) decline; raising C) decline; lowering D) rise; raising
The highest-income fifth of the U.S. population earns more than 50 percent of all income
a. True b. False Indicate whether the statement is true or false
Briefly and concisely define the following concepts and terms
a. marginal social cost b. detrimental externalities c. free-rider problem d. cost disease e. "defective telescopic faculty"