question archive 1)How does moral hazard affect health insurance? 2)The government provides public goods because a
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1)How does moral hazard affect health insurance?
2)The government provides public goods because
a. private markets are incapable of producing public goods.
b. free-riders make it difficult for private markets to supply the socially optimal quantity.
c. markets are always better off with some government oversight.
d. external benefits will occur to private producers.
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