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4. True/False -- Evaluate whether the following statements are true or false. Make sure to explain your reasoning a. An increase in the coinsurance rate
4. True/False -- Evaluate whether the following statements are true or false. Make sure to explain your reasoning a. An increase in the coinsurance rate will increase financial protection against risk b. The potential for adverse selection in health insurance markets is greater when future health care needs are more predictable for the individual considering buying coverage. c. If Samantha's utility of wealth function is U=10W, she will prefer a certain $450 to a coin flip where he wins $1000 if "heads" and $0 if "tails
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