Answer: Conditionally renewable
Explanation:
Conditionally renewable is the type of policy offered by companies to their clients to not renew upon reasons that are stated in the contract.
If the government wants to expand aggregate demand, it can "rebate" government purchases or "cut" taxes.
<h3>What is aggregate demand?</h3>
The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand.
Some characteristics of aggregate demand are-
- The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
- The correlation between output and all prices can be seen on an aggregate demand curve.
- In the end, the aggregate demand curve slopes downward because it predicts a fall in real gross domestic product (GDP) as prices rise.
- Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand.
- When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.
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Answer:
Budget expenditure part
B.H. No. Budget heads Annual Appropriation of Budget
22311 Office expenses 58,000
22121 Rental charges 30,000
22711 Miscellaneous expenses 11,000
29311 Furniture 1,50,000
Answer:
Explanation:
Here we have sampling with replacement. There are 4 x 4 = 16 out comes each with equal probability 1/16 .
The sample space being {1,2,3,4} {1,2,3,4} .
The random variable X representing the sum of the numbers on the balls has values from 2 to 8.
The other detailed steps and appropriate analysis is shown in the attached file.