MrMarsh Is Using Secondary Sources in His Research

question 43

Multiple Choice

Mr.Marsh is using secondary sources in his research.What might be a/some limitation(s) to these sources?

• A)inaccurate historical accounts
• B)tedious research of one topic
• C)incorrect time periods
• D)researcher bias

---

Definitions:

Insurance

A financial product offering protection against the potential financial loss or liability resulting from specific events or circumstances, in exchange for a premium payment.

Adverse Selection

A situation in markets where buyers or sellers have information that other participants do not, leading to an unfair advantage or market inefficiency.

Risk Aversion

a preference for certain outcomes over uncertain ones, often characterized by the avoidance of risky situations.

Expected Value

A calculated average of all possible values for a random variable, taking into account their probabilities of occurrence.