Answer:
Collision
uninsured motorist
comprehensive
liability coverage
Explanation:
From the question, we are informed about Abraham who has just purchased his first car. His bank, First State Bank, loaned him the money to buy the car and has required him to purchase insurance to protect the car as the collateral for the loan. In this case the basic types of coverage Abraham should buy to satisfy the bank requirement and to best protect himself from the risks of operating an automobile are;
✓ uninsured motorist
✓comprehensive
✓liability coverage
Insurance is very essential in protecting an individual or firm from any form of financial loss, it can be regarded as a kind of risk management and it is way to avoid uncertain loss. Then if Adam could buy the coverage he will be protected from loss in future.
Answer:
The answer is: decrease government spending or increase tax rates.
Explanation:
Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).
Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.
Answer:Hello i’m figuring this question out for you
Explanation:
I think it’s the second one letter B
Answer:
STOCKS
Explanation:
US government bond is a government security, therefore the government print more money to pay those who invest in it.
In addition bondholders are creditors of a corporation.
Stockholders, are part owners of a company. In case of bankruptcy, bondholders are given priority.
Savings accounts are protected by the Federal Deposit Insurance Corporation (FDIC) provisions.
Money market accounts are a safe investment because they are insured by the FDIC.
Therefore the investment option that has the highest risk is stocks.
