1.Choose the correct statement. A.The Obama Affordable Care Act requires everyone to have health insurance. B.Laurence Kotlikoff proposes the use of​ health-care vouchers to ensure universal coverage and a cap on total health expenditure. C.The United States faces two problems in health​ care: too many people are uninsured and​ health-care costs are too high. D.All of the above are correct. 2.Choose the correct statement. A.The​ no-claim bonus helps to lessen the moral hazard problem. B.Aggressive drivers choose policies with a low deductible and a high premium. C.The​ no-claim bonus enables the informed driver to reveal her or his driver type to the uninformed insurance company. D.All of the above are correct. 3.With signals from​ no-claim bonuses and​ deductibles, the market for car insurance has a​ _______ equilibrium. A.detached B.pooling C.separating D.divided

1.Choose the correct statement.

A.The Obama Affordable Care Act requires everyone to have health insurance.

B.Laurence Kotlikoff proposes the use of​ health-care vouchers to ensure universal coverage and a cap on total health expenditure.

C.The United States faces two problems in health​ care: too many people are uninsured and​ health-care costs are too high.

D.All of the above are correct.

2.Choose the correct statement.

A.The​ no-claim bonus helps to lessen the moral hazard problem.

B.Aggressive drivers choose policies with a low deductible and a high premium.

C.The​ no-claim bonus enables the informed driver to reveal her or his driver type to the uninformed insurance company.

D.All of the above are correct.

3.With signals from​ no-claim bonuses and​ deductibles, the market for car insurance has a​ _______ equilibrium.

A.detached

B.pooling

C.separating

D.divided

 

 

 

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