Dan, age 19, may have trouble buying insurance at a low price because
A) the insurance company has private information that he is a risky driver.
B) the insurance company has private information that his signals are valid.
C) insurance companies fear that he has private information that his deductible is too high.
D) insurance companies fear that he has private information that he is a risky driver.
D
Economics
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Microeconomics analyzes individual parts of the economy rather than broad economic aggregates
a. True b. False
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If the real interest rate is above zero, we know that the nominal interest rate must be:
A. higher than the inflation rate. B. lower than the inflation rate. C. equal to the inflation rate. D. zero.
Economics