The reason some insurance customers are more eager to purchase insurance is
a. they are more risk averse
b. they are less risk averse
c. they have a greater risk of making a claim
d. Both A&C
d
Economics
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Which of the following does NOT cause a rightward shift in the supply curve?
A) a reduction in resource costs B) an increase in technology C) a reduction in the price of the good D) a reduction in the expected future price of the good
Economics
The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals:
a. 1. b. 0. c. the interest rate. d. the marginal propensity to invest (MPI).
Economics