A Person Who Starts Practicing Poisonous Snake Charming After Signing

question 24

Multiple Choice

A person who starts practicing poisonous snake charming after signing a contract with a health insurance company is an example of

• A) moral hazard.
• B) adverse selection.
• C) signaling.
• D) screening.

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Definitions:

Cohorts

A group of people banded together or treated as a group, often used in studies for statistical analysis.

Crowds

Large groups of people gathered together, usually without formal structure, often for a common purpose or event.

Cliques

Social groups, usually within larger groups, characterized by tight-knit and often exclusionary relationships among members who share common interests or backgrounds.

Peers

Individuals who are at a similar age or level of development, often influencing one's social and psychological growth.