If the value of the object subject to insurance is 2000 dinars, the amount of insurance is 2000 dinars, and the actual value of the loss is 800 dinars, then the compensation is equal Select one: a. 2000 dinars b. 800 dinars c. 80 dinars d. 400 dinars

If the value of the object subject to insurance is 2000 dinars, the amount of insurance is 2000 dinars, and the actual value of the loss is 800 dinars, then the compensation is equal Select one: a. 2000 dinars b. 800 dinars c. 80 dinars d. 400 dinars

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 40CTQ: As the baby boom generation retires, the ratio of retirees to workers will increase noticeably. How...

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Question text If the value of the object subject to insurance is 2000 dinars, the amount of insurance is 2000 dinars, and the actual value of the loss is 800 dinars, then the compensation is equal Select one: a. 2000 dinars b. 800 dinars c. 80 dinars d. 400 dinars

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