Question

If they chose not to disclose their financial information, what would you mark the button 'Disclose Financial Income' as? And what would you mark the button 'Agrees to Pay Deductible' as?

1) Yes and Yes
2) Yes and No
3) No and Yes
4) No and No

Answer 1

If you choose not to disclose your financial information, mark 'No' for 'Disclose Financial Income'; your choice on 'Agrees to Pay Deductible' should reflect your agreement and could be either 'Yes' and 'No'.

Step-by-step explanation:

If a student chose not to disclose their financial information, they would mark the button 'Disclose Financial Income' as No. The response to the button 'Agrees to Pay Deductible' depends on whether they agree to it or not regardless of their choice to disclose income. If they agree to pay the deductible, then it would be marked as Yes, making the answer No and Yes. If they do not agree to pay the deductible, then it will be No, and the answer would be No and No. The incentives for these choices can include privacy concerns for financial disclosure and the willingness or ability to pay out-of-pocket expenses for the deductible. If incentives were different, such as a lower cost of insurance for disclosing income or having a lower deductible, it could potentially change the choices made by the individual.