What Causes High and Low Tides

question 8

Multiple Choice

What causes high and low tides?

• A) the tendency for water on a spinning globe to be thrown outward
• B) daily heating and cooling of the seas, which causes seawater to contract and expand
• C) a rise in sea level during the day because of an increase in storms
• D) water is pulled by the gravity of the Moon
• E) all of these

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Definitions:

Premiums

The amount paid for an insurance policy.

Flood Insurance

A specific form of insurance designed to protect homeowners against property loss due to flooding, often required in high-risk flood areas.

Risk Aversion

Risk aversion is a preference for avoiding loss over making a gain, characterizing individuals or entities that prefer certainty to uncertainty in investment decisions.

Equilibrium

An equilibrium state in the market where demand equals supply, resulting in steady prices.