Which of the following is not a macro force that creates change in industries?

Insurance policies can only be sold by direct agents of an insurer

Indicate whether the statement is true or false

Assume that 1000 students, all healthy, all age 22, and all male, form a life insurance pool to pay $500 to the beneficiaries of any member who dies in the next 365 days. The chance of loss or probability of death for the members of this group is

002. To join the pool a member must pay: (Disregard interest earnings and reserves and assume expenses of operating the insurance pool are 30% of losses). A) $1 B) $1.30 C) $3 D) $2.28