eco question

QUESTION 1

Pretend you are working for a policy maker and your task is to explain the concept of moral hazard. Use the space below to formulate your explanation.

QUESTION 2

Economist disagree about the likely extent of moral hazard in the health care system. What are 2 arguments/evidence to suggest that moral hazard does exist? What are 2 arguments/evidence to suggest that moral hazard does not exist?