If you buy an insurance policy with a high deductible and co-payments, you would end up paying
a. A higher premium
b. A lower premium
c. The premium of a low risk individual
d. Both B&C
d
You might also like to view...
Yesterday, the dollar was trading in the foreign exchange market at 1.10 euros per dollar. Today, the dollar is trading at 1.20 euros per dollar
The dollar has ________ and a possible reason for the change is ________ in the expected future exchange rate. A) appreciated; because there has been no change B) depreciated; a decrease C) appreciated; a decrease D) appreciated; an increase E) depreciated; an increase
The argument in favor of regulation for natural monopolies, externalities, and cases of imperfect information is:
A. market failure. B. overallocation of resources to production. C. insufficient economic profits. D. excessive entry of new firms.
Landon demands more sushi as his income increases. From this we can conclude that, for Landon:
A. sushi is a normal good. B. sushi is an inferior good. C. sushi is a complementary good. D. sushi is a substitute good.
China has few state-owned enterprises left in its economy
Indicate whether the statement is true or false