1. Apple’s decision to invest billions in a driverless car is related to what area of finance?

2. A farmer seeking to financial protection in the event of a catastrophic hurricane would involve what area of finance?

3. Jose and his girlfriend Lucy both drive a Honda Accord, yet Jose's insurance premiums are $1400, while Lucy's insurance premiums are $900 for full coverage. What Core Principle of Money and Banking applies to this example? Why are the insurance premiums different?

Answer rating: 100% (QA)

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