Question 1 (9 points) For each pair of statements below, identify which statement presents the greatest risk of adverse selection. For each one, briefly explain. (3 points each) (a) 1. An insurance policy which covers accidents for all children who attend summer camp. 2. An insurance policy which covers accidents for all undergraduate students who travel abroad. (b) 1. Including coverage for treatment of HIV in the standard insurance policy offered to university staff and faculty. 2. Offering optional coverage for HIV treatment in exchange for an additional premium. (c) 1. A basic insurance policy offered to students who start university. 2. A basic insurance policy offered to professors who wish to take early retirement