Question: The difference between moral hazard and adverse selection is: O Moral hazard has to do with unobservable characteristics of individuals O Moral hazard has to

The difference between moral hazard and adverse selection is: O Moral hazard has to do with unobservable characteristics of individuals O Moral hazard has to do with unobservable actions of individuals O Adverse selection is when individuals change their behaviors because of a contract O All of the above

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