Because of the adverse selection problem,
A) lenders may make a disproportionate amount of loans to bad credit risks.
B) lenders may refuse loans to individuals with low net worth.
C) lenders are reluctant to make loans that are not secured by collateral.
D) all of the above.
D
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Alex had purchased a battery-operated drill. The drill overheated and exploded when he tried to use it. It was determined that the explosion was due to a problem with how the drill was manufactured. Alex can lodge a complaint about the drill at the _____
a. Consumer Product Safety Commission b. Consumer Protection Commission c. Federal Trade Commission d. Department of Trade
Which of the following is least likely to occur during a "hard" insurance market period?
A) difficulty in obtaining insurance B) tightening underwriting standards C) higher insurer profits D) increasing premiums
Which of the following statements is true of the reliability of a measurement?
A. Reliability indicates the degree to which two objects are related to each other. B. Reliability indicates the extent to which performance on the measure is related to performance on the job. C. A measurement is said to be reliable when only two iterations are involved in measurement. D. Reliability is not dependent on the attributes of the measuring instruments used. E. Reliability refers to the measuring instrument rather than to the characteristic itself.
Remote monitoring is also known as______
a. real-time telehealth b. home monitoring c. telenursing d. live telemedicine