Insurance companies can reduce risk by accepting premiums from
A) many people to insure against independent events.
B) few people to insure against dependent events.
C) few people to insure against independent events.
D) many people to insure against dependent events.
Question 2
If the price level increases, the
A) demand for money decreases.
B) quantity of money demanded increases.
C) quantity of money demanded decreases.
D) demand for money increases.
E) demand for money does not change and the quantity of money demanded does not change.
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