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What Is the Moral Hazard Problem? Give an Example

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What is the moral hazard problem? Give an example.


Definitions:

Oliguria

A medical condition characterized by the production of abnormally small amounts of urine.

Postoperative Urine Output

The amount of urine produced and expelled by a patient after undergoing surgical procedures, an important indicator of renal function and fluid balance.

Bowel Resection

A surgical procedure where a part of the intestine is removed due to conditions such as cancer, blockages, or inflammatory diseases.

Specific Gravity

A measure of the density of a substance compared to the density of water.

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