If you buy an insurance policy with a high deductible and co-payments, you would end up paying
a. A higher premium
b. A lower premium
c. The premium of a low risk individual
d. Both B&C
d
Economics
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Which one factor below does not influence how a resource should be allocated over time to maximize economic efficiency?
a. Guaranteeing sufficient supplies for future users b. The discount rate c. The future marginal net benefit curve d. The current marginal net benefit curve e. The supply of the resource
Economics
Under U.S. commercial policy, which clause permits the modification of a trade liberalization agreement on a temporary basis if serious injury occurs to domestic producers as a result of the agreement?
A) adjustment assistance clause B) escape clause C) most favored nation clause D) prohibitive tariff clause E) anti-dumping legislation
Economics