When people have insurance against a certain event

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When people have insurance against a certain event, the notion that those people are less likely to guard against that event occurring is called a _____________________ .

risk

hazard risk

moral hazard

moral risk

Reference no: EM13796536

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When people have insurance against a certain event : When people have insurance against a certain event, the notion that those people are less likely to guard against that event occurring is called a _____________________ .
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