Which of the following economic indicators is used by the World Bank to classify countries as industrial or emerging economies?

The use of deductibles and coinsurance are examples of attempts by insurance companies to deal with the problem of

A) moral hazard. B) adverse selection. C) failure of policyholders to keep paying their premiums. D) excessive government regulation.

Monopolistic competitors in long-run equilibrium will generally find that they are earning economic profits

a. True b. False Indicate whether the statement is true or false