Use the table to answer the following questions. It shows the percentage of various professors on a health plan and their average expenditures. ASSUME no change in health status. 2014: $0 Premium 2015: $4000 Premium Average Average Insured Expenditure Insured? Expenditure Management Profs 80% $7, 000 70% $7,000 Economics Profs 50% $5, 000 25% $5, 000 English Profs 108 $3,000 28 $1,500 38. Is there evidence of moral hazard? What is it? 39. Is there evidence of adverse selection? What is it? 40. BRIEFLY: If premiums rise to $6,000 in 2016, what do you predict to happen? Which model predicts this behavior? What is this continued pattern referred to as