An individual will never buy complete insurance if:
a. he or she is risk averse.
b. insurance premiums are unfair.
c. he or she is a risk taker.
d. insurance premiums are fair.
c
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The demand for computers increases. As a result
A) the quantity demanded of workers increases, the wage rate rises, and the supply of labor increases. B) the demand for workers increases, hiring increases, but wages stay the same since each firm faces a horizontal supply curve of labor. C) the wage rate increases in the industry and the quantity demanded of workers falls. D) the wage rate increases in the industry and the quantity supplied of workers increases.
Eurodollars are:
A. euro-denominated deposits in U.S. Banks. B. dollars that are specially printed for use abroad to minimize counterfeiting. C. the currency of the European Economic Union. D. dollar-denominated deposits in banks outside the United States.