Human capital labor market issues: a. refers to a worker in a capital intensive industry. b. include the equipment, tools, and computers that make workers more productive. c. include the skills, knowledge, and experience that people obtain. d. refers to workers who do highly repetitive work, which requires little thought and creativity.

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