Question
In general, the presence of insurance against the negative outcome of an event (e.g., fire insurance) tends to Group of answer choices lessen the likelihood
In general, the presence of insurance against the negative outcome of an event (e.g., fire insurance) tends to
Group of answer choices
lessen the likelihood of the event.
have no effect on the likelihood of the event.
increase the incentive to prevent the event.
decrease the incentive to prevent the event.
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International Economics
Authors: Robert Carbaugh
15th edition
1285854357, 978-1305177093, 1305177096, 978-1285854359
