Which Is NOT an Example of Moral Hazard

question 34

Multiple Choice

Which is NOT an example of moral hazard

• A)people eat less at all-you-can-eat buffets
• B)loggers clear-cut a tract of land rather than when paying per tree felled
• C)Drivers of heavier,safer cares are more likely to run stop signs
• D)workers on commission work harder than those paid an hourly wage

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Definitions:

Converting

In a general context, it means changing or transforming something into a different form, state, or belief.

Belief Systems

Complex sets of principles and values that individuals use to interpret and understand the world around them, often influencing their behavior and decision-making.

Spiritual Truth

Universal principles or understandings that pertain to the nature of the soul, spiritual reality, or the essence of spiritual teachings.

Moral Community

A group of people who share common values, norms, and expectations that guide their members' ethical behavior and decision-making.