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    Business
  3. Study Set
    Risk Management and Insurance
  4. Exam
    Exam 6: Insurance As a Risk Management Technique: Principles
  5. Question
    Without the Insurance Mechanism, the Reserves Needed for the Economy
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Without the Insurance Mechanism, the Reserves Needed for the Economy

Question 20

Question 20

True/False

Without the insurance mechanism, the reserves needed for the economy to pay for losses would be much greater.

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