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2 marksMarket Failure

CAPE Economics Unit 1 · 2006 · Paper 1 · Question 15(a)(i)

Explain the term 'moral hazards'.

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Other parts of this question

  1. 15(a)(ii)Explain the term 'adverse selection'.[2 marks]
  2. 15(b)State TWO measures which the government of your country can implement to alleviate poverty.[2 marks]

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