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By offering a menu of policies with different premiums and deductibles, insurance companies can _____ their customers; for example, a low-risk customer will often buy insurance with a lower _____ but a higher _____ than a high-risk customer.
A. signal; deductible; premium
B. signal; premium; deductible
C. screen; deductible; premium
D. screen; premium; deductible
Suppose you are asked to evaluate a project in which you will receive $1,000 one year from now, receive $2,000 two years from now, and incur costs of $400 now. What is the net present value of this project if the interest rate is 10%?
A. $2,327.27
B. $2,561.98
C. $2,161.98
D. $2,600
The term "globalization" is increasingly being used in the study of international relations and international political economy. Increasingly, also, there are debates surrounding the definition of the term and the extent of relevance in the global ec..
q1. do you believe economic darwinism is reflected in the us banking policy of some banks are too big to fail
Suppose the government reduces the current tax burden of households today by sending a tax rebate by mail. Assume that the government pays for this tax rebate by borrowing today but will have to increase taxes in the future. What happens to desired p..
"The problem with our democratic institutions is that they dont correctly reflect the will of the people! If the people rather than self-interested politicians or lobbyists- had control, we wouldnt have to worry about government taking actions that d..
Explain as completely as you can what an economist means by demand (supply) and discuss (this implies that you are able to discuss why the factor causes the shift and explain the direction of the shift ...(this can be done in one sentence for each fa..
Compute the percentage change in price and quantity (%ΔP, %ΔQd) by adding this one room. Calculate the Price Elasticity of Demand.
Explain the relationship between one's beliefs about whether the minimum jobs program presented in the chapter actually solves the unemployment problem and one's normative view of responsibility for unemployment.
Carefully define a standard normal distribution. Why does a researcher want to go from a normal distribution to a standard normal distribution? Explain. (250 words)
1. Who are the three best-known quality pioneers? Describe and then compare their individual contributions to quality. 2. Look through the ITT Tech Virtual Library and identify a major company that adopted one or more of the pioneers' strategies. Sug..
Suppose that the position of a nation’s long-run aggregate supply curve has not changed, but its long-run equilibrium price level has increased. Which of the following factors might account for this event?
Even though economic growth is occurring in sub-Saharan Africa, explain two strategies that should be used to enhance the likelihood that economic growth spreads evenly to the masses within Sub-Saharan Africa.
A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost is constant at equal to 0.80. The fixed cost is 2,000. So, the total cost is..
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