Individuals cannot buy unemployment insurance for themselves. The most likely reason for this is

During the Financial Crisis of 2007-2008, investors demanded much higher risk premiums in their investments. This caused the SML to:

A. Shift up B. Shift down C. Become steeper D. Become flatter

Financial markets are:

A. a powerful tool for the efficient allocation of scarce resources. B. in many ways the purest expression of the market mechanism. C. a global marketplace where sophisticated investors make billion-dollar decisions. D. All of these statements are true.