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QUESTION 5 When Michael chooses his home insurance company, he asks his neighbors about their experience with their agents and picks the one who was

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QUESTION 5 When Michael chooses his home insurance company, he asks his neighbors about their experience with their agents and picks the one who was mostly highly recommended. This is an example of: Moral Hazard only O Adverse selection only Both moral hazard and adverse selection Neither moral hazard nor adverse selection

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