Question

The problem of ________________ in insurance markets is that insurance companies are unable to ______________ ....

The problem of ________________ in insurance markets is that insurance companies are unable to ______________ .

Question 8 options:

adverse selection; differentiate those with low and high risks

reducing moral hazards; sell insurance in unregulated markets

adverse selection; find mechanisms to reduce moral hazards

adverse selection; sell insurance in unregulated markets

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Answer #1

reducing moral hazards; sell insurance in unregulated markets

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Answer #2

reducing moral hazards; sell insurance in unregulated markets ---> 100% sure

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