Economics (AS & A Level) · Oct / Nov 2023 · Paper 32 · Question 8
9708Private costs and benefits, externalities and social costs and benefits
What is not an example of a moral hazard?
- APeople with a higher risk of unemployment are more likely to undertake training.
- BPeople with free dental care are less likely to take care of their teeth with good oral hygiene.
- CPeople with insurance against car theft are more likely to park their car in high crime areas.
- DPeople with unemployment benefits are less likely to undertake retraining if they become unemployed.
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Correct answer: A. People with a higher risk of unemployment are more likely to undertake training.
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