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Using Hindsight to Judge Whether Buying Insurance Was a Good

Question 38

Multiple Choice

Using hindsight to judge whether buying insurance was a good idea or not:


A) is the only way to properly measure the true cost of the insurance and its benefit.
B) is not a good idea; you have to measure the decision considering the information available at the time.
C) can prove that a good decision at the time was really not worth it.
D) is commonly used by people who wish to buy insurance in the future.

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