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Drawing on economic concepts and illustrative examples in your answers, discuss the following two statements separately and whether you agree with the statement or not.
Drawing on economic concepts and illustrative examples in your answers, discuss the following two statements separately and whether you agree with the statement or not. 1. A person can benefit from having health insurance coverage even if the premium paid exceeds the cost of health care received. 2. Preserving the concept of consumer sovereignty is sufficient justification for addressing moral hazard using demand-side solutions. To what extent do you agree with this statement in the context of health care
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