People drive faster when they have auto insurance. This is an example of: a. Adverse selection. b.

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People drive faster when they have auto insurance. This is an example of:

a. Adverse selection.

b. Asymmetric information.

c. Moral hazard.

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 08:40 AM

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People drive faster when they have auto insurance. This is an example of: a. Adverse selection. b.

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c Moral hazard People driving faster when they have auto ...View the full answer

Microeconomics Principles, Problems and Policies

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