Which insurance companies, life or property and casualty, would you think would invest more in long-term assets? Explain.
What will be an ideal response?
Life insurance companies would have more of their assets invested in long-term vehicles such as commercial mortgages. The main reason for this is life insurance companies have more predictable payouts than property and casualty companies whose claims can be influenced by natural disasters and therefore they may need to get liquid unexpectedly. As a result, property and casualty companies are likely to hold more assets in short-term, highly liquid form.
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Using the table above, the labor participation rate is
A) 67 percent. B) 48 percent. C) 75 percent. D) 83 percent. E) 40 percent.
Which of the following is least likely to be included in a definition of basic human needs?
a. A minimal level of clothing b. A minimal level of health care c. A minimal level of savings d. A minimal level of shelter e. A minimal level of calorie intake
In the short run, which of the following is the most likely effect of an anticipated move to a more expansionary monetary policy?
What will be an ideal response?
The public choice theory assumption that self-interest motivates behavior within ______.
a. only the private sector b. only the public sector c. both the private and public sectors d. neither the private nor the public sectors