Answer:
$100,000
Explanation:
In the case of joint life policy, the other person who is covered in the policy has the right to claim the amount after death of one person
In the given case, the husband has died after 8 years of purchasing the joint-life policy due to an automobile accident. So, the wife has the right to claim for the policy amount i.e $100,000. This claim is valid for the only first death
Answer: The equilibrium will shift from right to left, and that would be a recessionary gap
Explanation:
Aggregate supply is the quantity of goods and services producers make available for sale and is equal to the money income received by the owner's of the factors of production. Aggregate demand is the total demand for final goods and services in the economy at a given period of time and at a given price level. It is the sum of money consumers planned to spent on the purchase of output in an economy at a given period of time.The equilibrium level of income is the income level at which aggregate supply equals aggregate demand. The Aggregate income on the other hand, is the total amount of income received by all factors of production in an economy at a given period.
If there is a decrease in aggregate income and spending in an economy, the equilibrium level of income shift from right to left and that would be a recessionary gap. The recessionary gap occurs when when the aggregate demand consisting of consumption, investment and government expenditure is not enough to create condition of full employment. It is the difference of the amount by which aggregate expenditure falls short of the level needed to generate equilibrium national income at full employment without inflation.
A master budget schedules answer several key questions for a company. Thus the correct option is last.
<h3 /><h3>What is Master Budget?</h3>
A master budget is created by combining all of the smaller business budgets into one budget in order to provide a comprehensive insight into the company's financial position.
All other departments' budgets are combined into the master budget to create a single budget. It may be said that the master budget schedules provide answers to a number of issues connected to the many departments within an organization.
Therefore, the last option is appropriate.
Learn more about the master budget, here:-
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Answer and Explanation:
As we know that the soap is classified as health care products for the purpose of bathing. Also it acts as a grease cuter or the detergent but in the case of targetting the customers it would be treated as a health care product and commercial one also due to which it could be grown easily. But at the same time it should be ensured that there is no harmful effect
So if it is targeted in both the way than the business would grow in a fastest way that results in earning profits
Answer: This statement is True.
Explanation:
A mission statement for a store or a company is very important. This shows the customers what the store or company wants for their employees and their customers. A mission statement should speak about the values held by the founders and be inspiring for others. Positive goals that are reachable should be included in the mission statement. The mission statement should include why the store or business was made and the reason for its existence.
