Question: Risk pooling Risk spreading Both or Neithe r Date: 2020-10-20 Question 2 [8 points] In which of the following are the risks being pooled, and

Risk pooling

Risk spreading

Both

or Neither

Risk pooling Risk spreading Both or Neither Date: 2020-10-20 Question 2 [8

Date: 2020-10-20 Question 2 [8 points] In which of the following are the risks being pooled, and in which would risks likely be spread by insurance companies? a) Vehicle insurance This is an example of (select one) b) Insurance on a new nuclear power plant being constructed, costing many billions of dollars. This is an example of. Risk pooling c) Life insurance This is an example of. (select one) d) Insurance against California's forest fires. This is an example of. Risk spreading

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