This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a tool used for protectionism? A) Service tax B) Bank rate C) Tariffs ... (Read 176 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
Which of the following is a tool used for protectionism?
 
  A) Service tax
  B) Bank rate
  C) Tariffs
  D) Open market operations

Question 2

Why do insurance companies in many developing countries not offer full health insurance coverage to older applicants?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gcook

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

Older applicants are more likely to fall ill than younger applicants. Therefore, if the insurers were to offer full insurance coverage to these customers, they will require a higher premium. If the premium is high, low-risk individuals are less likely to buy the insurance, leading to the problem of adverse selection.




jhjkgdfhk

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Wow, this really help


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

For a complete list of videos, visit our video library