What Would Be the Consequence for Patients of a Law

question 81

Multiple Choice

What would be the consequence for patients of a law that limited the amount of annual profit a health insurance company could earn?

• A) The principal-agent problem would become less severe.
• B) The adverse selection problem would become more severe.
• C) The moral hazard problem would become more severe.
• D) The adverse selection problem would become less severe.
• E) The moral hazard problem would become less severe.

Grasp the dynamics of wage bills before and after immigration in both sending and receiving countries.

Recognize the concept of self-selection in the context of migration.

Understand the concept of brain drain and its impact on home and host countries.

Assess the elasticity of labor demand and its effect on total wage income.

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