Author Question: Which of the following indicates that the U.S. economy has become more stable since 1950? A) less ... (Read 65 times)

deesands · **on:** Jun 29, 2018

Which of the following indicates that the U.S. economy has become more stable since 1950?

A) less severe fluctuations in real GDP
B) longer recessions
C) shorter expansions
D) All of the above indicate that the U.S. economy has become more stable since 1950.

Question 2

Which of the following is not an advantage to an insurance company of insuring a large group of people for health insurance?

A) When all group members pay the premium, the problem of adverse selection is reduced.
B) The characteristics of a large group are likely to reflect those of the entire population.
C) When all group members pay the premium, the problem of moral hazard is reduced.
D) It is easier to accurately predict the number of claims for a group than for an individual.

emsimon14 · **Reply #1 on:** Jun 29, 2018

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