Insurance deductibles the problem of insurance coverage. are meant to reduce, adverse selection are...

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Insurance deductibles the problem of insurance coverage. are meant to reduce, adverse selection are...

Insurance deductibles __________ the __________ problem of insurance coverage.

are meant to reduce, adverse selection

are meant to reduce, moral hazard

unintentionally worsen, adverse selection

unintentionally worsen, moral hazard

business economics

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Answer 1

Answer #1

The problem of moral hazard rises when the insured, after having been insured, does not take proper care of the insured asset

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Answer 2

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