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Exhibit 14A-1  Aggregate Demand and Supply Model as Shown in Exhibit

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Exhibit 14A-1  Aggregate demand and supply model Exhibit 14A-1  Aggregate demand and supply model   As shown in Exhibit 14A-1, the economy's point of short-run equilibrium, given by the shift of the aggregate demand curve from AD<sub>1</sub> to AD<sub>2</sub> , is: A)  E<sub>1</sub>. B)  E<sub>2</sub>. C)  E<sub>3</sub>. D)  unable to be determined. As shown in Exhibit 14A-1, the economy's point of short-run equilibrium, given by the shift of the aggregate demand curve from AD1 to AD2 , is:

Comprehend roles and responsibilities of insurance agents.
Understand the concept of insurable interest and its necessity in an insurance contract.
Know the principles of contribution among insurers.
Distinguish the contractual nature of insurance policies and the principle of utmost good faith.

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