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You are a government policymaker with the responsibility to propose a policy that will reduce adverse selection in the health insurance market. Which of the following policies would achieve that goal?-The government will fund a public information campaign to reduce risk aversion.-The government will protect the people's right to keep their personal information private.-The government will ensure that people can opt-in and opt-out of health insurance at any time.-The government will subsidize the cost of health insurance.
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