Which of the following is NOT a contractual savings institution?
A) a life insurance company
B) a pension fund
C) a savings and loan association
D) a fire and casualty insurance company
C
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An economy is experiencing a recession and policymakers are considering using discretionary fiscal policy to eliminate the recessionary ga
What will be an ideal response?
In 2008, Germany passed a stimulus package of $29 billion as its economy slowed. This policy action follows the ________ to restore full employment
A) Keynesian viewpoint that supports increases in federal government expenditure B) Keynesian viewpoint that supports increases in the money supply C) monetarist viewpoint that supports increases in expenditure by the federal government D) new classical viewpoint that discourages the use of expenditure by the federal government
In the 1960 nations could be divided into three distinct groups. Discuss these three groups and offer examples of countries that fit into each of these categories
What will be an ideal response?
Insurers try to minimize moral hazard by:
a. charging higher premiums to individuals than to groups. b. requiring advance payments of premiums. c. refusing to sell insurance to individuals with chronic illnesses. d. only selling policies to individuals with high ethical standards. e. charging deductibles and coinsurance.