Business, 12.12.2019 02:31 719563mercy
Choose the correct statement.
a. adverse selection arises in health insurance because some of the healthiest people choose to be uninsured, at least during their younger years.
b. moral hazard arises in health insurance because once insured, a person has less incentive to adopt a healthy lifestyle.
c. in the market for health insurance, the buyers have private information and in the market for health care, the sellers have private information.
d. all of the above are correct.
Answers: 1
Business, 22.06.2019 11:10
Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.
Answers: 1
Business, 22.06.2019 13:10
The textbook defines ethics as โthe principles of conduct governing an individual or a group,โ and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the companyโs ethical systems as it is in its safety systems, and how would you defend your conclusion?
Answers: 2
Business, 22.06.2019 20:00
How many organs are supplied at a zero price? (b) how many people die in the government-regulated economy where the government-set price ceiling is p = 0? the quantity qd โ qa. the quantity qe โ qa. the quantity qd โ qe. (c) how many people die in the market-driven economy?
Answers: 1
Business, 22.06.2019 20:20
Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.
Answers: 2
Choose the correct statement.
a. adverse selection arises in health insurance because so...
a. adverse selection arises in health insurance because so...
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