_____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disaster occurs

Positive analysis of economic policy

A) examines the economic consequences of policies but does not address the question of whether those consequences are desirable. B) examines the economic consequences of policies and addresses the question of whether those consequences are desirable. C) generates less agreement among economists than normative analysis. D) is rare in questions of economic policy.

You are at a restaurant deciding if you would like some dessert after the meal. The dinner is over so you do not want anything else but the dessert. The opportunity cost of getting the dessert would include

a. Nothing, because you are already there b. Another round of appetizers possibly c. Anything else you could buy d. None of the above