If you have two insurance policies on the same property, the clause explains how the two insurance companies will share the loss. a. companies' insurable interest. b. principle of subrogation. c. principle of indemnity. d. coinsurance clause. e. other insurance clause.

Post test question number 9 for entering the job market

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.

Because the demand for wheat tends to be inelastic. true or false