Moral Hazard Can Be Reduced By

question 47

Multiple Choice

Moral hazard can be reduced by:

• A)the use of 100% insurance coverage.
• B)imposing a deductible on insurance coverage.
• C)taking away personal stakes for people with private information.
• D)offering fewer incentives to people with private information to act in a less risky manner.

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Definitions:

Seed Coat Color

The external color of a seed's protective outer layer, which can vary based on species and genetic factors.

Susceptibility

The likelihood or predisposition of an individual or population to be affected by a disease or condition based on genetic or environmental factors.

Codominance

Condition in which two alleles of a locus are expressed in a heterozygote.

Incomplete Dominance

A genetic occurrence in which the trait exhibited by a heterozygous individual is a blend of the traits from both homozygous parents.