Multiple Choice
Which of the following is NOT a direct social benefit of the insurance mechanism?
A) increased business and social stability
B) better allocation of society's resources
C) better choice of optimum size of business operations
D) lower federal and state income taxes
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Insurance increases the number of intentional losses
Q31: Smoking cigarettes is an example of:<br>A)moral hazard<br>B)morale
Q32: Which of the following is a true
Q33: Which of the following is an accurate
Q35: Assume 1000 students all healthy,all age 22,and
Q39: Drinking a lot of alcohol before swimming
Q40: It may be correctly claimed that insurers
Q56: All of the following are costs to
Q57: Under an open perils insurance policy:<br>A) covered
Q60: Hazards may increase either the frequency or