_____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disaster occurs
a. Insurance interest
b. Insurance coverage
c. Insurance bonus
d. Insurance premium
D
You might also like to view...
If purchasing power parity tells us that if the exchange rate is a pound for a dollar, then price of a haircut in London should cost the same as a haircut in New York
Indicate whether the statement is true or false
The flat region of the aggregate supply curve reflects the Keynesian belief that:
a. both inflation and unemployment does not exist. b. high growth rate of money supply poses problems in the economy. c. unemployment is usually experienced amidst high real GDP. d. government intervention in the economy aggravates the problems of inflation and unemployment. e. inflation is not a problem when unemployment is high.
What are the differences and similarities between a depreciation and devaluation of a currency?
What will be an ideal response?
A stockholder owning 5 percent of a company's stock:
A. is guaranteed to receive 5 percent of the company's yearly profits. B. is personally responsible for 5 percent of the debts if the company goes bankrupt. C. has 5 percent of her personal assets vulnerable if the company goes bankrupt. D. gets 5 percent of the votes at the shareholders' meetings.