One difference between moral hazard and adverse selection is? a. adverse selection has to do with unobservable actions of individuals b. adverse selection has to do with unobservable characteristics

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Answer 1

Option (b) adverse selection has to do with unobservable characteristics is correct.

One difference between moral hazard and adverse selection is adverse selection has to do with unobservable characteristics.

What is moral hazard?A moral hazard in economics is a circumstance when an economic actor is motivated to increase risk exposure because it does not fully bear the consequences of that risk. For instance, when a business is insured, it may accept greater risk since it knows that its insurance would cover the costs.When there is asymmetry in the information (or lack of verifiability) about the outcome of a random occurrence, there are two categories of moral hazard. Ex ante moral hazard refers to behavior that changes before the outcome of the random event, whereas ex post moral hazard refers to behavior that changes after the result.

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Related Questions

Of the three theoretical perspectives, which one would you prefer to use if you were a sociologist? why?

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The three main sociological perspectives are:

1. Symbolic Interactionism

2. Functionalism

3. Conflict Theory

The perspective that could be useful to study the existing society is the struggle perspective of Karl Marx. This attitude focuses on the ever-converting nature of society. It does a critical analysis of the society, which could be very lots required in cutting-edge changing conditions because of various social dealers.

The study of the rising inequalities be it least expensive racial gender non-secular political, and consistent opposition is the need of the hour. it's miles best whilst those negative factors of the society are focused upon, and studied through that humanitarian efforts and democracy can shine.

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The ______ plays an important role in the cognitive processes that underlie executive functioning.

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The prefrontal cortex plays an important role in the cognitive processes that underlie executive functioning.

The cognitive processes that underpin executive functioning heavily involve the prefrontal cortex. You can understand your environment and learn new things thanks to a series of chemical and electrical signals that happen in your brain during cognitive processes.

A multitude of signals are generated by neurons' chemical releases that are then converted into conscious and unconscious thoughts by other neurons in the area. Examples of cognition include the conscious interpretation of your five senses, procedural knowledge, and emotional responses. Attention is the first step in the cognitive process.

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In the common access card deployment strategy final deliverable, describe how identity management would be a part of your overall security program and your cac deployment plan:_____.

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Describe identity management's role in your overall security program and your CAC deployment plan in the Common Access Card Deployment Strategy final deliverable. In your submission to the organization, provide your Common Access Card Deployment Strategy.

How do typical access cards function?

The CAC provides access to networks and PCs that have one or more independent smartcard readers installed on them. A PIN prompt appears as soon as the device is put into the reader. When the PIN is entered, it is compared to the PIN that is kept in the CAC.

Why would someone need a CAC card?

Common Access Card (CAC): The Selected Reserve, qualified contractor workers, active duty uniformed Service members, and DoD civilian employees all utilize this "smart" card, which is roughly the size of a credit card, as their primary form of identity.

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Jose lives with both his parents, two siblings, a grandmother, and an aunt. jose's family is an example of:_________

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Jose lives with both his parents, two siblings, a grandmother, and an aunt. Jose's family is an example of: an extended family.

What is an extended family?

This is the term that is used to refer to the family that is more than just the immediate family or the nuclear family which is composed of the parents and their children. This is the family that has the members of the extended family living together as one. That is different group of families that are related by blood living together under the same roof.

Hence we can say that Jose lives with both his parents, two siblings, a grandmother, and an aunt. Jose's family is an example of: an extended family.

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The ____ develops and disseminates protocols to maintain global web compatibility.

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The W3C develops and disseminates protocols to maintain global web compatibility.

What is World Wide Web Consortium?

The World Wide Web Consortium (W3C)  can be described as the  international community  which do work hand in hand so they can achieve a long-term growth of the Web.

It should be noted that the invention of the internet has help the process of sending and receiving information from one region to another, hence W3C develops and disseminates protocols to maintain global web compatibility.

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Which element is a visible two-dimensional edge that acts as a guide to define an area or shape?

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A line is the element of geometry which is a visible two-dimensional edge that acts as a guide to define an area or shape.

What is a Geometry?

A geometry refers to the branch of mathematics that is concerned with the properties and relations of points, lines, surfaces, solids, higher dimensional analogues etc.

As a line is a figure formed when two points are connected with minimum distance between them, and both the ends extended to infinity, also, it is the element of geometry which is a visible two-dimensional edge that acts as a guide to define an area or shape.

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Broadly defined, justice is the maintenance or administration of what is _______.

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Broadly defined, justice is the maintenance or administration of what is fair.

Justice is the idea that there should be a balance between a person's merits (what they deserve) and the good and terrible things that happen to them or are assigned to them. For practically all Western accounts, Aristotle's exposition of the virtue of justice served as the beginning point.

According to him, treating comparable circumstances similarly is the essence of justice. This principle has given subsequent philosophers the challenge of determining which parallels (need, desert, or talent) are pertinent.

Aristotle makes a distinction between distributive justice (the equitable sharing of wealth or other assets) and reparative justice (the just punishment of a person for a wrong they have committed) (retributive justice).

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A ________ enables researchers to decide whether the effects of an independent variable are reliable across studies. meta-analysis peer review reliability coefficient validity index

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meta analysis enables researchers to decide whether the effects of an independent variable are reliable across studies

What research methodology was employed for the experiment on violent movies?

Participants in a study being conducted by researchers view either a violent or nonviolent movie. After watching the movie, the subjects' saliva is collected by the researchers, who then test it for testosterone levels.

By social risks to internal validity, what do you mean?

Internal validity is at risk from social dangers when people react negatively to events that have an impact on both them and other people. In a research investigation, it's critical to pinpoint the dangers to internal validity. This will assist the researchers in creating a study control measure.

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Public utilities are often referred to as being a part of what type of competitive system?

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The public utilities are often referred to as being a part of the type of competitive system known as a Natural monopoly.

What is a Natural monopoly?

This refers to the type of monopoly that arises due to unique circumstances where high start-up costs lead to only one firm being able to efficiently provide the service in a certain territory. The organization with a natural monopoly might be the only provider or product or service in an industry..

As this monopolies allowed a single company to supply a product or service at a lower cost than any potential competitor, then, we can say the public utilities are an example of a Natural monopoly.

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According to cox and mackay, when a person reaches a point where their response to a stressful situation is at its maximum point, they are said to have reached the ________.

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According to Cox and MacKay, when a person reaches a point where their response to a stressful situation is at its maximum point, they are said to have reached the Stress Threshold.

What is the Stress Threshold?

The Stress Threshold refers to when a person is in a stressful situation and their reaction to it keeps increasing to a point where it reaches its maximum.

According to Cox and Mackay, this response can with be maladaptive or adaptive thereby either helping the person, or making things worse.

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A person who experiences defensive self-esteem is more likely to feel ________ by criticism and is more likely to respond to these perceived threats with ________.

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A person who experiences defensive self-esteem is more likely to feel threatened by criticism and is more likely to respond to these perceived threats with aggression

Self-esteem is the belief in one's own abilities or value. Self-esteem includes feelings of triumph, despair, pride, and shame as well as self-perceived truths (such as "I am loved" and "I am worthy"). "The self-concept is what we think about the self; self-esteem is the positive or negative judgments of the self, as in how we feel about it," wrote Smith and Mackie in 2007. 

Self-esteem is a desirable psychological concept because it may be used to predict various behaviours, including criminal activity, marital satisfaction, happiness, and scholastic success.

Self-esteem can be applied worldwide or to a particular quality.

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In norway, most citizens are able to afford basic necessities and some degree of comfort. this means norway has a(n):_________

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In Norway, most citizens are able to afford basic necessities and some degree of comfort. this means Norway has a(n) high standard of living

This is further explained below.

What is a high standard of living?

Generally,  A person or group of people are said to have a certain standard of living if they live satisfactorily or unsatisfactorily in terms of the degree to which their needs and desires are satisfied.

In conclusion, The majority of people living in Norway are able to afford life's basics as well as a certain level of comfort. this means Norway has a(n) high standard of living

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The positivist school based their ideology about crime on the ______ discipline.

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The positivist school based their ideology about crime on the criminal act discipline.

What is the positivist theory of crime?

The positivist approach to criminology views a person's internal or external influences as the root cause of their criminal behavior. Over the past century, most attempts to explain crime have focused on social explanations.

What does the positivist school of criminology believe?

The positivist school of criminology concentrates on the causes that drive criminals to commit crimes and uses scientific methods to analyze crime and criminals. Numerous theories of crime, including biological, psychological, sociological, and critical sociological ones, are included in the positivist school.

What are the three criminology schools?

Between the middle of the eighteenth century and the middle of the twentieth century, there were three major schools of thought in early criminological theory: Chicago, Positivist, and Classical.

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The human resource manager felt that anika was the best candidate for the job because she possessed the knowledge, skills, and attributes the company desired. in other words, anika displayed _____.

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Answer: career readiness

Explanation:

The human resource manager felt that Anika was the best candidate for the job because she possessed the knowledge, skills, and attributes the company desired. in other words, Anika displayed career readiness

Human resource management is a strategic approach to the effective and efficient management of people in a business or organization so that they can help the company gain a competitive advantage.

Career readiness is a foundation for demonstrating required core competencies that broadly prepare the college-educated for workplace success and lifelong career management. Career readiness is critical for new college graduates to ensure a successful entry into the labor force or a job.

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Founding Brothers: The Revolutionary Generation Chapter Six: The Friendship


What were Adam's two criticisms of Jefferson during their political careers?

50 POINTS FOR THIS QUESTION!

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The two criticisms of Jefferson during their political careers is that

John Adams stated Jefferson did not write the text (Draft of the Declaration of Independence) by himself, but rather used the committee's ideas, notably Benjamin Franklin's, to develop its meticulous language.John Adams also criticized Jefferson for owning slaves.

What were some of the similarities between John Quincy Adams and Thomas Jefferson?

Both men were Lawyers and were interested in the advancement of the United States of America.

It is to be noted that John Quincy Adams became the president of the United States of America from 4th of March 1764 to 4th of March 1801 while Thomas Jefferson was President from 1801 to 1809.

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According to piaget, the primary mechanism underlying the growth of intelligence during infancy is?

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According to Piaget, the primary mechanism underlying the growth of intelligence during infancy is Sensorimotor Adaptation.

What is Sensorimotor Adaptation?

Sensorimotor adaptation refers to the ability to adjust our behavior to maintain appropriate, goal-directed motor performance in response to changing circumstances or internal needs.

In the early stages of this adaptation, which is thought to depend on cognitive processes, rapid improvement is usually observed.

Why is sensorimotor adaptation important?

It allows highly flexible control of the nervous system, which can adapt to momentary but predictable changes in task demands.

How does motor adaptation differ from motor learning?

Motor adaptation is a form of motor learning, the process of acquiring and retrieving motor patterns (such as leg coordination patterns) through an error-driven learning process.

This type of adaptation is context dependent and therefore specific to the environment in which the adaptation takes place.

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A client with emphysema experiences shortness of breath and uses pursed-lip breathing and accessory muscles of respiration. the nurse determines that the cause of the dyspnea is for which reason?

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Inability to release air that has become trapped in the alveoli.

When a client with emphysema experiences shortness of breath and uses pursed-lip breathing and accessory muscles of respiration, the nurse may determine that the cause is an inability to breathe deeply due to obstruction by alveoli.

What is it and what is the composition of alveoli?

Capillary cells, alveolar epithelial type 1 cells, and alveolar epithelial type 2 cells make up the alveolus.

Large, squamous epithelial cells known as type 1 cells occupy around 95% of the alveoli surface area.

The adult lungs contain between 300 million and 500 million alveoli. These air sacs are lined with a coating of water, which promotes gas diffusion within the alveoli.

Within the alveoli, a surfactant is created to lessen the surface tension. As a result, the alveoli don't collapse during exhalation.

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Jessica has formed an interrelated set of ideas to explain the phenomenon of social anxiety. jessica has formed a(n):_____.

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Jessica has formed an interrelated set of ideas to explain the phenomenon of social anxiety, Jessica has formed a theory.

What is a theory?

It refers to the set of statements or principles that is devised to explain a group of facts or phenomena, most especially, the one that has been repeatedly tested or is widely accepted and can be used to make predictions about natural phenomena.

As a theory is also the formulation of apparent relationships or underlying principles of certain observed phenomena which has been verified to some degree, then, we will agree that Jessica has formed a theory to explain the phenomenon of social anxiety.

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Reflecting the ______ of the region, the mesopotamian deities were fierce and capricious.

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Reflecting the environment of the region, the mesopotamian deities were fierce and capricious.

What are the mesopotamian deities?

The deities in ancient Mesopotamia were almost exclusively anthropomorphic as they were thought to possess extraordinary powers and were often envisioned as being of tremendous physical size.

These deities typically wore a melam which is an ambiguous substance which covered them in terrifying splendor and which could also be worn by heroes, kings, giants, demons etc.

In conclusion, by reflecting the environment of the region, the mesopotamian deities were fierce and capricious.

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A process in which new ways of understanding and responding to the world emerge at specific times is termed as:________-

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A process in which new ways of understanding and responding to the world emerge at specific times is termed as discontinuous view.

"Discontinuous view of development believe that people's development does not happen gradually. They tend to view that development only happen if people experience a certain experience that became a trigger which is strong enough to initiate a change."

Discontinuous development view refers to the view that development changes can be divided clearly into unique stages. "The discontinuity view sees development as more abrupt- a succession of changes that produce different behaviors in different age-specific life periods called stages."

Hence the answer is discontinuous view.

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Some of the characteristics that make relationships more interpersonal than impersonal are:_________

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Some of the characteristics that make relationships more interpersonal than impersonal are uniqueness, irreplaceability, and interdependence. Therefore, the option D holds true.

What is the significance of interpersonal relationship?

An interpersonal relationship can be referred to or considered as the relationship where at least two individuals are involved, and are completely dependent upon each other. Such relationships are usually uniquer than most other relationships.

Therefore, the option D holds true and states regarding the significance of an interpersonal relationship.

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The missing options to the incomplete question have been added below for better reference.

Some of the characteristics that make relationships more interpersonal than impersonal are:_________

A. uniqueness, B. irreplaceability, C. interdependence; D. All of these

Compare how UAE, India and France work to accomplish the objective of sustaining the environment.
*ESSAY*...
ITS MORAL EDUCATION

Answers

Answer:

/UAE\

The UAE's efforts to reduce emissions include increasing reliance on clean energy, boosting energy efficiency, expanding capacity for carbon capture, use, and storage, conserving blue carbon ecosystems, promoting sustainable agriculture, and implementing environment-friendly waste management.

-India-

Acting on its nationally-determined contributions, India has electrified 100% of its villages, reduced 38 million tonnes of CO2 emissions annually through energy efficient appliances, provided clean cooking fuel to 80 million poor households, and set a target to install 450GW of renewable energy and restore 26 million  hectares of degraded land by 2030

~France~

FRANCE IMPLEMENTS THE PARIS CLIMATE AGREEMENT AND PROMOTES SUSTAINABLE DEVELOPMENT. On 17 August 2015, well before COP21, the Energy Transition for Green Growth Act gave legislative shape to France's voluntary commitment to cut its greenhouse gas emissions by 40% below 1990 levels by 2030.

Briefly explain which of penn's three purposes would prove to be the most difficult for him to fulfill.

Answers

While Penn was able to create a liberal government and some religious tolerance, he was never able to generate any large riches.

What do you mean by the liberal government?

A liberal political worldview combined with a system of indirect democracy is referred to as liberal democracy. Elections between numerous different political parties, the division of powers among the three branches of government, the application of the rule of law in daily life as a component of an open society, a market economy with private property, and the equal protection of all individuals' human, civil, political, and civil rights are its distinguishing features. Liberal democracies frequently refer to their constitutions, which may be codified (as in the United States) or uncodified (as in the United Kingdom), to outline the scope of governmental authority and embody the social contract.

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If a trait is sufficiently important that it appears in the lexicon of most human languages, then that trait demonstrates the concept of _____ universality.

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If a trait is sufficiently important that it appears in the lexicon of most human languages, then that trait demonstrates the concept of cross-cultural universality.

Kohlberg implies that "there is a cross-cultural universality of moral or ethical development. The hypothesis claims are identified as culturally vast, universal and moral questions, invariant stage sequence, wide range of stages, and general applicability of the stages".  

"The study of cultural universals is scientifically important because they tells us about 'the psychic unity of mankind,' the principle that states that the humans in every population around the globe have basically the same propensities, abilities and same basic human psychic behavior". Cross-cultural universality is for social-moral developmental knowledge and co- existent.

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The oldest city, which showed imposing fortifications including a surrounding wall and tower, was:________

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Jericho was the oldest city and featured powerful defences like an encircling wall and tower.

What was Jericho's most recognizable quality?

The Bible's Book of Joshua has an account of how the Israelites destroyed the city of Jericho, which is why people are familiar with it. Jericho is one of the ancient settlements, dating to 9000 BCE, according to archeological findings. Additionally, it includes the world's oldest known defensive wall.

Why is Jericho significant in human history?

The location of the city is very significant in terms of archaeology since it shows how early permanent settlements developed and, consequently, how early civilization began.

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Adam had the freedom to enjoy the fruit of all the trees in the garden except? the apple tree the tree of life the tree of the knowledge of good and evil the tree of knowledge

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'Adam had the freedom to enjoy the fruit of all the trees in the garden except the tree of the knowledge of good and evil'.

In the garden, God spoke to Adam and Eve. The garden should be maintained and dressed, he added. The definition of a garden in ancient Hebrew is "a place where one gathers seeds" (word). Because God, according to the Bible, does not alter, he would have said the same thing to Adam if He had instructed him to maintain the garden: "Keep my word."

The LORD God then said, "And behold, the man is become as one of us, to know good and evil: and now, lest he stretch forth his hand, and take also of the Tree of Life, and eat, and live for ever."

God pushed Adam out of the Garden and set up cherubim and a blazing sword to block the path to the Tree of Life—not as a punishment, but in order to stop Adam and Eve from eating the fruit of the Tree of Life and possibly becoming immortal like the gods.

So, the conclusion is Adam had the freedom to enjoy the fruit of all the trees in the garden except  the tree of the knowledge of good and evil.

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Many experienced penetration testers can write computer programs or ____ in perl or the c language to carry out network attacks.

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Many experienced penetration testers can write computer programs or scripts in PERL or the C language to carry out network attacks. Therefore, the option B holds true.

What is the significance of computer programs?

A computer program can be referred to or considered as a program that is performed collectively by a hardware as well as software components available that make up a computer network.

These computer programs consist of different languages, normally referred to as coding languages. These languages consist of scripts.

Therefore, the option B holds true and states regarding the significance of computer programs.

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The missing option to the incomplete question has been added below for better reference.

Many experienced penetration testers can write computer programs or ____ in Perl or the C language to carry out network attacks.

a. kiddies c. scripts

b. packets d. crackers

What term describes the region of a eukaryotic cell that is outside the membrane-bound organelles but inside the plasma membrane?

Answers

It is the outermost boundary of all living cells. But prokaryotes and plant cells generally have an additional cell wall outside the plasma membrane. In addition to the Plasma membrane, eukaryotic cells contain an intracellular membrane surrounding, the vacuole, and organelles.

Brain research about being a visionary suggests that visionaries in contrast to non-visionaries: _________

Answers

Brain research about being a visionary suggests that visionaries in contrast to non-visionaries have different levels of brain activity.

The brain is a sophisticated organ that manages every bodily function as well as thought, memory, emotion, touch, motor skills, vision, respiration, temperature, and hunger. The central nervous system, or CNS, is made up of the spinal cord that emerges from the brain.

The brain is around 60% fat and weighs about 3 pounds in a typical adult. Combinations of water, protein, carbs, and salts make up the remaining 40%. The brain is not a muscle in and of itself. It is made up of nerves, blood vessels, neurons, and glial cells.

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When driving on a two-lane highway, if an aggressive driver behind you rapidly flashes their headlights and then pulls out to pass you, you should?

Answers

If when driving on a two-lane highway, an aggressive driver behind you rapidly flashes their headlights and then pulls out to pass you, you should: Move your vehicle toward the right side of your own lane and do not speed up.

What is two-lane highway?

Two-lane highway can be defined as the highway that has two lane which are opposite each other in which one lane is on the right side and the other lane is on the left side and the lane you face tend to depend on the direction you are coming from.

Make sure you move your vehicle toward the right side of  the lane you are, do not speed up so as to allow the aggressive driver to pass as this will help to prevent you from colliding with the aggressive driver car or crashing your vehicle.

Therefore you should move your vehicle toward the right side of your own lane and do not speed up.

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A 9-foot roll of plastic wrap costs $4.41. What is the price per yard? Rotate the figure shown 180 clockwise. Record the coordinates of the image L'.A L' (-3,-7)B L' (3, 7)C L' (7, 3)D L' (7. -3) A company reported total equity of $145,000 at the beginning of the year. The company reported $210,000 in revenues and $165,000 in expenses for the year. Liabilities at the end of the year totaled $92,000. What are the total assets of the company at the end of the year?. Which sentence displays correct subject-verb agreement?(1 point)The island visited by the travelers are warm.My collection of stamps is extensive.The cattle in the field is hugeThe books at the library is very helpful. A nurse is teaching an inservice regarding prevention of venous thromboembolism. which nursing interventions should be included in the teaching? Determine whether the value is a discrete random variable, continuous random variable, or not a random variable. a. the amount of snowfall in december in city a millimetersEqual 15 centimeters 4 millimeters Is this or is this not a function? Solve the equation P = b + a + c for b.b= ? The rectangular resistors with leads specifically made to fit into printed circuit boards are ____ resistors. One triangle shown is formed by the tree, its shadow, and a line of sight from the ground to the top of the tree. The other is formed by Manny, his shadow, and a line of sight from the ground to the top of his head. Are the two triangles similar? A radioactive element decays with a half-life of 9 years. if a mass of the element weighs 6 pounds at t=0, find the amount of the element after 11.5 years. Write getfirstroot and getsecondroot to return the first and second roots. return a domain_error is there is no first or second root. constant functions pls helpp que 3d and 3g A diploma in licensed practical nursing is awarded by a _____. a) trade school b) high school or post-secondary vocational school c) hospital-based program of study and clinical experience community college Which 1 m solution would have the highest vapor pressure at a given temperature? c6h12o6 kcl nac2h3o2 li2so4 Select the correct answer.Which statement best expresses a shared theme of desire in "The Monkey's Paw" and "New Chicago"?O A.OB.O C.what you think may not actually be what you want O D. Being clear on what you want help you get it 3x y = -1 x 2y = -12 In a __________ sample, the population is divided into mutually exclusive groups and the researcher draws a sample of the groups to interview. What did the microbiologist conclude? the hypothesis is supported because on average s. aureus was more susceptible to antibiotics than e. coli. the hypothesis is not supported because on average s. aureus was less susceptible to antibiotics than e. coli.