Which Is NOT a Way to Lessen Moral Hazard

question 102

Multiple Choice

Which is NOT a way to lessen moral hazard?

• A) provide better access to ratings and reviews
• B) split the selling of a service from the diagnosis of need for the service
• C) allow the sellers of a product to pay for the ratings or reviews of a product
• D) allow buyers to get a second opinion of the diagnosis

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Definitions:

Distract

The act of diverting attention away from a primary focus or task, leading to a decrease in concentration or performance.

Surgery

Medical procedures involving the cutting of a body, either for the diagnosis of an illness, treatment, or repair of injury/damage.

Olfaction

The sense of smell, a chemical sense involved in detecting and identifying airborne substances.

Sniffing

The act of inhaling substances, often used in the context of substance abuse, but also a basic action for detecting smells.