Which is a reason a person might decide not to purchase insurance? a. to have protection in case something goes wrong. b. to avoid paying costly premiums on a monthly basis. c. to be prepared for potential major changes. d. to avoid feeling insecure or uncertain about the future.

The answer is b: to avoid paying costly premiums on a monthly basis.

Explanation:

Insurance refers to an arrangement in which an individual receives financial protection against losses from an insurance company. The insurance company reaches an agreement to cover the costs to another party if an unfortunate event occurs. The insured pays a definite amount every year or month in exchange for an adequate consideration from the insurance company called premium. Premium is the amount paid every month or year  to have an insurance. The amount paid depends on the risk and on the value of the events that is been insured.

answer(d) the growth of consumption is likely to remain sluggish even as the economy begins to recover.;