Answer:
The correct answer is $1,100,000.
Explanation:
According to the scenario, the given data are as follows:
Customer account = $300,000
Joint account = $500,000
Customer's wife account = $300,000
So, we can calculate the amount that customer receive under SIPC by using the following formula:
SIPC =
- Under SIPC each account considered as an individual account.
- A maximum limit cover of $500,000 for cash and security for each individual account.
So, the amount that can receive by customer is:
Total Amount = $300,000 + $500,000 + $300,000
= $1,100,000
Hence, the total amount that customer receive under SIPC is $1,100,000.
The correct answer would be D. You're Welcome!! <span />
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Answer and Explanation:
Since Katherine is under 65 years of age and is the Head of Household. Therefore, in order to file a tax return, her gross income should at least be $13,400.
A key part of the Income-Expenditure model is understanding that as national income (or GDP) rises, so does aggregate expenditure
<h3>
What is aggregate expenditure?</h3>
The equilibrium level of real GDP, which may be used to estimate the level of employment in the economy, is determined by the income-expenditure model. The aggregate expenditure schedule is the model's key component (or curve). Recall that total spending is the sum of four components: net exports, government spending, investment spending, and consumer spending.
Understanding that aggregate expenditure increases as national income (or GDP) increases is a critical component of the Income-Expenditure model. In the pages that follow, we'll go over the elements of total expenditure and look at how national income affects them. The total expenditure will then be calculated by adding the four parts collectively.
To learn more about aggregate expenditure from the given link:
brainly.com/question/14895846
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