Governments,not Markets,have the Best Record of Allocating Investment Resources into Those

question 3

True/False

Governments,not markets,have the best record of allocating investment resources into those projects with the highest expected rate of return.

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Definitions:

Insurer

A company or entity that provides insurance coverage to individuals or organizations against financial loss in exchange for premium payments.

Claim

A formal assertion of one's right to money, property, or legal remedy due to harm or wrongdoing experienced.

Bad Faith

An intentional dishonest act by not fulfilling legal or contractual obligations, misleading another, entering into an agreement without the intention or means to fulfill it, or violating basic standards of honesty in dealings.

Denies Coverage

The act of an insurance company refusing to pay out a claim on an insurance policy.