Pirates Have Been Intensely Attacking Ships Off the Shore of Somalia

question 136

Multiple Choice

Pirates have been intensely attacking ships off the shore of Somalia this year. Boat owners have reportedly coughed up more than $30 million in ransom and insurance premiums have shot up. Why would insurance premiums increase dramatically? I. Because the probability of pirate attack has increased
II) Because consumers' willingness to pay for insurance has increased because of these attacks
III) Because insurance claims have increased

• A) I only
• B) I and III only
• C) III only
• D) I, II, and III

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Definitions:

Primary Health Care Provider

A healthcare professional — often a physician, nurse practitioner, or physician assistant — who serves as the first contact for a person's healthcare needs.

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Planning

The process of making plans for something, involving thinking and organizing the activities required to achieve a desired goal.

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