An indication that Insurance companies anticipate adverse selection is
a. they do not require a deductible
b. they classify clients into different risk types according to their claim history
c. they do not classify clients into different risk types according to pre-existing conditions
d. they do not require a co-payment
b
Economics
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Technological improvements in coal mining will
A) increase the price of coal. B) decrease the price of coal. C) increase the interest rate. D) decrease the interest rate.
Economics
An economy can have an abundant supply of labor, capital, and natural resources but still produce goods and services inefficiently
Indicate whether the statement is true or false
Economics