Mutual insurance schemes often in developing countries can successfully address:Aggregate shocks that may affect income of all its members B.
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Mutual insurance schemes often in developing countries can successfully

address:

A.        Aggregate shocks that may affect income of all its members

B.        Idiosyncratic shocks that may affect income of all its member

C.        Fluctuations in income neighboring communities not part of the mutual insurance schemes

· A only 

· B only

· C only 

· A and B 

· B and C

· C and A

· All of the above

· None of the above

Top Answer

The correct answer is: B only Mutual insurancesuccessfully addresses Idiosyncratic shocks that... View the full answer

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