Suppose the economy is suffering and many people are afraid they will be laid off from their

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Suppose the economy is suffering and many people are afraid they will be laid off from their jobs. Workers would like to protect against this risk with insurance. Identify and explain two problems that prevent insurance companies from offering layoff insurance.
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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