Insurance companies can predict fairly accurately:

A. the type of losses policyholders will incur but not the percentage of policyholders that will file claims.
B. the percentage of policyholders that will file claims but not the policyholders that will file them.
C. which policyholders will suffer a loss but not the percentage of policyholders that will do so.
D. the percentage of policyholders who will have a claim and which policyholders will have a claim.


Answer: B

Economics

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Economics

A person who chooses not to be in the labor force reveals that

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Economics

Related to the Economics in Practice on p. 418: F. Scott Fitzgerald's The Great Gatsby is set in the "Roaring '20s." This decade in U.S. history was characterized by

A. economic expansion and low unemployment. B. the Great Depression and stagflation. C. economic expansion and high unemployment. D. recession and high unemployment.

Economics

What are the major economic effects of rent ceilings?

What will be an ideal response?

Economics