In the context of terrorism, an example of self-protection would be

A. the airline industry increasing security.
B. an insurance company buying reinsurance from the government.
C. the airline industry buying terrorism insurance.
D. an insurance company buying reinsurance from another insurance company.

Answer: A

Economics

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According to the classical theory, the aggregate supply curve is

A) downward sloping. B) upward sloping. C) vertical. D) horizontal.

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The government budget constraint tells us that to the extent that government expenditures are NOT financed by tax collection, the public ends up holding ________ government bonds and ________ money

A) more, more B) more, less C) fewer, more D) fewer, less

Economics