An Advantage of Employment-Based Insurance Is That It

question 58

Multiple Choice

An advantage of employment-based insurance is that it:

• A) increases moral hazard.
• B) increases the likelihood of adverse selection.
• C) increases government tax revenues.
• D) receives favorable tax treatment.

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Definitions:

Obedience

The act of following orders or directions from authority figures, often studied in psychology.

Conformity

The act of matching attitudes, beliefs, and behaviors to what is considered normal or standard in one's social or cultural group.

Compliance

The act of conforming to or following rules, standards, or another's wishes, often due to pressure or regulation.

Obedience

The act of following orders or directions from others, usually those in a position of authority.