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An article in the Economist magazine observes: Insurance companies often suspect the only people who buy insurance are the ones most likely to collect. Source:

An article in the Economist magazine observes:

"Insurance companies often suspect the only people who buy insurance are the ones most likely to collect."

Source: "The Money Talks," Economist, December 5, 2008.

What do economists call the problem being described here?

Group of answer choices

Principal-agent problem.

Moral hazard.

Adverse selection.

All of the above.

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