From the Standpoint of the Economy as a Whole,the Role

Multiple Choice

From the standpoint of the economy as a whole,the role of insurance is

A) to entice risk-loving people to become risk averse.
B) to promote the phenomenon of adverse selection.
C) not to eliminate the risks inherent in life,but to spread them around more efficiently.
D) not to spread risks,but to eliminate them for individual policy holders.