People drive faster when they have auto insurance. This is an example of: a. Adverse selection. b.
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People drive faster when they have auto insurance. This is an example of:
a. Adverse selection.
b. Asymmetric information.
c. Moral hazard.
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Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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