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Author Question: Explain why insurance has been beneficial to markets. What will be an ideal ... (Read 86 times)

rlane42

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on: Jun 30, 2018
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.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Fayaz00962

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Insurance reduces the risk of entrepreneurs.

Answer to Question 2

D


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