Use this link to answer the questions https://youtu.be/Acj-Xyj5UBk

Which of the following is an example of adverse selection? Question 4 (2 points) A) Someone learns from the dentist that Gerry Atrick pays $1000 per month for his orthodontic work will be necessary, and health insurance. Each time Gerry visits the so adds expanded dental coverage to a doctor, he is required to pay $150 in addition to health insurance policy. any expenses not covered by his deductible. $1000 per month is Gerry's and $150 is Gerry's B) Someone with comprehensive health insurance does not watch their diet or exercise, knowing that health expenses A) copayment; co-insurance rate will be covered by insurance. B) co-insurance rate; copayment "C) Someone with full coverage leaves a car unlocked and the premium sound system is stolen. C) premiums; copayment (D) All of the above are examples of D) copayment; premiums adverse selection Question 3 (2 points) Patrick is in a car wreck where he is at-fault. His car insurance company pays for all $3000 in Gerry Atrick goes to the hospital to have a hip repairs for the other person's car. After paying surgery done. After paying $5000 up front, $1000, Patrick's car insurance company pays Gerry's insurance company pays for 90% of the for the rest of the cost of repairs for his car. remaining expenses for the hip surgery. Gerry's Patrick has _ _ and his deductible is deductible is - and his co-insurance rate is A) liability but not collision coverage; $1000 ( A) $0; 90% B) both liability and collision coverage; B) $0; 10% $1000 C) $5000; 90% C) liability but not collision coverage; $3000 ( D) $5000; 10% D) both liability and collision coverage; $3000 Question 1 (2 points) A person is _ if they avoid risk unless they get something in return. A) risk seeking B) risk averse C) risk neutral (D) irrational