Question: One difference between moral hazard and adverse selection is Group of answer choices Adverse selection has to do with unobservable characteristics of individuals Adverse selection

One difference between moral hazard and adverse selection is

Group of answer choices

Adverse selection has to do with unobservable characteristics of individuals

Adverse selection has to do with unobservable actions of individuals

Adverse selection is when individuals most appropriate for positions are most likely to apply for them

Adverse selection is when you choose the wrong answer on a test

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