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The U.S. government subsidizes flood insurance because those who want to buy it live in the flood plain area and cannot get it at reasonable rates. What inefficiency does this create?

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ere au sevenal ine CGciencies unden the case Snce it is atype ft insunance, those who ueceire it tend to Suclen fom moral hais in e ficent becate ovenall the net welfare is Used

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