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Explain two distinct differences between the conventional view of moral hazard and Nyman's view of moral hazard associated with purchase of health insurance coverage.In other

Explain two distinct differences between the conventional view of moral hazard and Nyman's view

of moral hazard associated with purchase of health insurance coverage.In other words, in each

case clearly describe what each view is.[6 points]

A graph is not necessary.Even if you choose to draw graphs, you still need to clearly explain the

differences using your graphs.

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