The Problem of Moral Hazard Arises Because

question 32

Multiple Choice

The problem of moral hazard arises because

• A)wisdom learned in one era does not easily translate to other time periods.
• B)value judgments about what is good or bad are inherently subjective.
• C)representatives, once selected, cannot easily be monitored.
• D)candidates are reluctant to reveal negative characteristics about themselves.

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Definitions:

Universal Donor

A term often associated with blood type O negative, referring to individuals whose red blood cells can be transfused into persons of any other blood type without causing an adverse reaction.

Blood Type

The classification of human blood based on the presence or absence of inherited antigenic substances on the surface of red blood cells.

Vaccine

A biological preparation that improves immunity to a particular disease, typically containing an agent resembling a disease-causing microorganism.

Antigens

Foreign substances that induce an immune response in the body, especially the production of antibodies.