If You Have Private Information That You Are a Riskier

question 63

Multiple Choice

If you have private information that you are a riskier driver than your record indicates,you are likely to buy an insurance policy that has a ________ deductible and a ________ premium.

• A) high; high
• B) high; low
• C) low; high
• D) low; low
• E) None of the above answers are correct because private information has no effect in the market for auto insurance.

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Definitions:

Modern Racism

A subtle form of racism that coexists with the rejection of racist beliefs, characterized by an outward appearance of racial tolerance while harboring racial prejudices and discriminations.

Symbolic Racism

A form of racism that operates through subtle prejudice and discrimination, relying on symbols that are indirectly related to race.

Unobtrusive Measures

Observational approaches that neither intrude on the processes being studied nor cause people to behave unnaturally.

Modern Forms

Contemporary or current versions, adaptations, or interpretations of traditional or classical themes or objects.