The presence of in financial markets leads to adverse selection and moral hazard problems that interfere with the efficient functioning of financial markets.

a. costly state verification

b. noncollateralized risk

c. asymmetric information

d. freeminus−riding

Which of the following statements is true about financial planning

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.