Examlex
Roles differ from norms in that they specify what behavior is expected for persons occupying specific social positions.
Affordable Care Act
The Affordable Care Act, also known as Obamacare, is a law enacted to increase health insurance quality and affordability, and lower the uninsured rate by expanding public and private insurance coverage.
Adverse Selection
A situation where sellers have information that buyers do not have, or vice versa, leading to an unbalanced and inefficient market.
Genetic Testing
The examination of DNA sequences to identify changes in genes or chromosomes, which can provide insights into genetic disorders or predispositions to diseases.
Adverse Selection
A situation where sellers have information that buyers do not have, or vice versa, leading to an inefficient market outcome.
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