In the market for insurance, low risk customers are not served because
a. They do not like buying insurance
b. They are more costly to serve
c. Products designed to be attractive to them are also attractive to high risk types.
d. All of the above
c
Economics
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If the interest rate rises and the supply of dollars in the market for foreign currency exchange shifts left, then the price must have
a) dropped by less than 10 percent. b) remained constant. c) risen. d) dropped by more than 90 percent.
Economics
People will be likely to spend a smaller percentage of any additional income when _____
Fill in the blank(s) with the appropriate word(s).
Economics