Use the following to answer question: 
-(Table: The Total Utility of Income After College Expenses) Use Table: The Total Utility of Income After College Expenses.The Smith family will choose to purchase insurance:
Definitions:
Freedom and Slavery
A dichotomy highlighting the ideological, social, and political contrasts between the concepts of freedom and the institutional practices of slavery.
Lincoln-Douglas Debates
A series of seven debates in 1858 between Abraham Lincoln and Stephen A. Douglas, focusing largely on the issue of slavery and its expansion into American territories.
American Political History
The study and analysis of political events, ideas, movements, and leaders throughout the history of the United States.
Kansas-Nebraska Act
An 1854 U.S. law that created the territories of Kansas and Nebraska, leaving the decision of slavery to popular sovereignty, which intensified the pre-Civil War sectional conflict.
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