question archive Please, tell me what is the correct answer to this question: Adverse selection is: A) When your guess at a test question is wrong B) When people act differently because they are insured C) When people at a greater risk want to be insured more D) When more risk averse people want to be insured more
Subject:EconomicsPrice: Bought3
Please, tell me what is the correct answer to this question:
Adverse selection is:
A) When your guess at a test question is wrong
B) When people act differently because they are insured
C) When people at a greater risk want to be insured more
D) When more risk averse people want to be insured more