If insurance did not exist in the United States, which of the following might reasonably be expected to happen?

If insurance did not exist in the United States, which of the following might reasonably be expected to happen?



A) Banks would lower their interest rates on car loans.

B) Moral hazards would increase.

C) The occurrence of perils would decrease.

D) In general, only small businesses would be able to survive.



Answer: B

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