Since the enactment of the Depository Institutions Deregulation and Monetary Control Act of 1980, the legal reserve requirements set by the Fed apply to all banks, savings and loan associations, and credit unions

During the winter of 1997-1998, the northeastern United States experienced warmer than usual conditions. The price of home heating oil was less than it was during the previous winter, but people bought less home heating oil

This contradicts the Law of Demand. Indicate whether the statement is true or false

Insurance companies:

A. only profit by selling to risk neutral clients. B. profit from the difference between the premiums paid and the expected value of clients' payouts. C. must charge less than the expected value of payout, otherwise they would go out of business. D. All of these statements are true.