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US law was recently changed so that some airplane manufacturers are immune from liability from accidents involving their decades old aircraft, laying all the responsibility

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US law was recently changed so that some airplane manufacturers are immune from liability from accidents involving their decades old aircraft, laying all the responsibility on the owners of the aircraft. As a result you would expect: O Accident rates to fall due to less adverse selection Accident rates to fall due to less moral hazard O Accident rates to rise due to more adverse selection O Accident rates to rise due to more moral hazard

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