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Which of the following methods reduce adverse selection in insurance markets? I. requiring medical exams for anyone purchasing life insurance II. denying insurance coverage to
Which of the following methods reduce adverse selection in insurance markets?
I. requiring medical exams for anyone purchasing life insurance
II. denying insurance coverage to people with preexisting health conditions
III. mandating by law that all people must buy health insurance
Group of answer choices
a. I, II, and III
b. I and II only
c. II only
d. I and III only
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