In general, the amount people pay for insurance is:
A. lower than its expected value.
B. higher than its expected value.
C. higher than its future value.
D. lower than its present value.
B. higher than its expected value.
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Assess the impact on the bond market of the rise in Internet trading of stocks
What will be an ideal response?
If the market share of the largest firm in the dental insurance field were 20%, then theoretically the highest possible Herfindahl-Hirschman Index in this field would be
A. 400. B. 1,000. C. 2,000. D. 4,000.
In an open economy, the quantity demanded of TVs in the domestic market will be ________.
A. 120,000 B. 60,000 C. 30,000 D. 90,000
The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A