Which of the Following Is an Example of Adverse Selection

question 159

Multiple Choice

Which of the following is an example of adverse selection?

• A)The odds of a fire rise after a building is insured because the person with fire insurance is likely to pay less attention to fire hazards.
• B)Someone who did not install fire alarms and a sprinkler system in a building he owns buys insurance for the building.
• C)Someone with automobile insurance drives more recklessly than someone without insurance.
• D)People prefer to buy new cars rather than used cars.

Recognize the changes in workforce participation among older adults and the factors influencing these trends.

Identify Carstensen's socioemotional selectivity theory and its implications for social interactions in old age.

Understand misconceptions and truths about the capabilities and contributions of older workers in the workplace.

Understand the social and emotional difficulties parents face when discussing reproductive development with their children.

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Definitions:

Ethnic Differences

Variations in practices, traditions, and behaviors among groups of people identified by shared nationality, tribal affiliation, religion, language, or cultural heritage.

Patterns of Growth

The typical progressions or changes in size, shape, and function that an organism undergoes from infancy through adulthood.

Rate of Growth

The speed at which a certain quantity, such as an organism or economy, increases over a specific period of time.

Nutritional Studies

The scientific research and analysis of how food and nutrition impact health, disease, development, and performance.