Author Question: Which of the following statements about the insurance industry as a source of investment funds is ... (Read 75 times)

B · **on:** Jul 11, 2018

Which of the following statements about the insurance industry as a source of investment funds is (are) true?

I. These funds result in a lower cost of capital than would exist in the absence of insurance.
II. These funds tend to promote economic growth and full employment.
A) I only
B) II only
C) both I and II
D) neither I nor II

Question 2

All of the following are social costs associated with insurance EXCEPT

A) insurance company operating expenses.
B) fraudulent claims.
C) inflated claims.
D) increased cost of capital.