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Author Question: Which of the following statements about the insurance industry as a source of investment funds is ... (Read 106 times)

B

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Which of the following statements about the insurance industry as a source of investment funds is (are) true?
 
  I. These funds result in a lower cost of capital than would exist in the absence of insurance.
  II. These funds tend to promote economic growth and full employment.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

All of the following are social costs associated with insurance EXCEPT
 
  A) insurance company operating expenses.
  B) fraudulent claims.
  C) inflated claims.
  D) increased cost of capital.



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cpetit11

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Answer to Question 1

Answer: C

Answer to Question 2

Answer: D




B

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


bblaney

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Reply 3 on: Yesterday
:D TYSM

 

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