Which of the following is a mechanism for reallocating risk?
A) Risk pooling
B) Dividend pooling
C) Risk premiums
D) None of these are mechanisms for reallocating risk.
Correct Answer:
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Q81: Which of the following statements about risk
Q82: Insurance companies:
A)profit from the difference between the
Q83: Jude owns a house worth $250,000 in
Q84: Insurance works because it:
A)reallocates the costs of
Q85: In general, people are willing to pay
Q87: Insurance policies can be bought to cover
Q88: Risk pooling:lowers the overall cost of a
Q89: Which of the following is a mechanism
Q90: Insurance premiums often represent:
A)the expected value of
Q91: Risk pooling:
A)reallocates the likelihood of catastrophes happening.
B)reallocates
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