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Lana71 [14]
2 years ago
10

Dave mentions that insurance is the defense for managing your money. Why is this true?.

Business
1 answer:
777dan777 [17]2 years ago
8 0

Insurance is a method of defense when it comes to managing your money according to Dave because it prevents you from incurring more debt.

<h3>How does insurance defend your money?</h3>

According to Dave Ramsey, a defense method in managing your money is one that helps you reduce or avoid debt.

Insurance is therefore a defense for managing your money because it saves you from having to incur debt when you pass through a dangerous situation because the insurance will pay out instead of you having to borrow.

Find out more on the purpose of insurance at brainly.com/question/1941778.

#SPJ1

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For Friedrich Von Hayek less government intervention mean't more economic freedom he believed that if people are free to choose then the economy runs more efficiently also would improve the economy situation.
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3 years ago
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Jose deposits a $400 check in College Bank. The reserve requirement is 20%. Required reserves are $_____. Please choose the corr
Kobotan [32]

Answer:

80

Explanation:

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As it is not specified clearly, that this $400 is inclusive or exclusive of the reserve balance, it is assumed that reserve will be created out of such balance.

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4 0
3 years ago
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Sergio039 [100]

Answer:

a. 12% per year

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3 years ago
Brainliest! What three institutions influence economics the most? Explain how each influences economics and provide examples of
Mandarinka [93]
Hiya!
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Artyom0805 [142]

Answer:

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