Medical histories used by insurance firms allow them to
A) identify high-risk people, so they can be denied insurance and premiums kept down for low risk people.
B) increase the number of policies issued, raising premiums as a result.
C) increase the number of policies issued, lowering premiums as a result.
D) lower the number of policies issued, raising premiums.
E) increase market power in the insurance industry, raising premiums.
A
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Suppose the demand for tacos decreases. What will happen to producer surplus in the market for tacos?
a. It increases. b. It decreases. c. It remains unchanged. d. It may increase, decrease, or remain unchanged.
The purchase of VCU2 by Tomas Tiergarten, a private resident, causes the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money supply to remain the same. d. M2 money supply to rise.