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In which spectral sequence are the hottest stars categorized?
Moral Hazard
A situation where one party engages in risky behavior or fails to act in good faith because another party bears the consequences of that behavior, often seen in insurance and financial sectors.
Incentives
Incentives or disincentives that encourage people or organizations to behave in specific manners.
Insurance Premiums
The amounts paid for insurance coverage, typically charged monthly or annually, to maintain the insurance policy.
High Deductible
A high deductible refers to the larger initial amount paid by an insured person before insurance coverage for healthcare costs begins, often leading to lower premium costs.
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