Explain why insurance has been beneficial to markets. What ...

[rlane42]

Explain why insurance has been beneficial to markets.
 
  What will be an ideal response?

Question 2

The argument that raising the employment tax leads to more employment is most likely to hold if the
 
  A) labor supply curve has the same slope as labor demand.
  B) labor supply curve has a steep slope.
  C) labor demand curve is vertical.
  D) labor supply curve has a relatively flat slope.

[Fayaz00962]

Answer to Question 1

Insurance reduces the risk of entrepreneurs.

Answer to Question 2

D