​The Difference Between Moral Hazard and Adverse Selection Is

question 7

Multiple Choice

​The difference between moral hazard and adverse selection is

• A)​moral hazard has to do with unobservable characteristics of individuals
• B)moral hazard has to do with unobservable actions of individuals
• C)adverse selection is when individuals change their behaviors because of a contract
• D)​adverse selection is when you choose the wrong answer on a test

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Definitions:

Delete

The action of removing or erasing files, texts, records, or data from a storage medium or software application.

Volume Control

A feature or device that allows the user to adjust the audio output level of speakers or a digital system.

Slider Tool

A graphical user interface element that allows the user to adjust a value or change a scale by moving a handle along a bar.

Volume Levels

The intensity or loudness of sound, which can be adjusted in audio playback or recording to match user preference or environmental needs.