Which of these is a characteristic of certificates of deposit (cds)? a. they are always offered at variable rates. b. they last for a set period of time. c. they can be opened with any amount of money. d. they allow access to the money at any time without penalty.

With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals