The value of the money was not too long ago based on a country's own amount of gold. The value of money has not been based on anything since 1971. In fact, money is now founded on the abstract concept of confidence. Money's value is not more linked with the amount of gold held, but rather to how much trust in the economy of a particular country exists, and its debt (bond) markets are a proxy indicator of a country's level of trust. The less faith in an economy, the greater the return on risk will be required by market forces. The less trust there is, the less demand is for the bonds of a country. As the bond price falls, the bond's return increases. In comparison with the risk of making the loan, a trade takes place when the yield corresponds with the level of return investors willing. The 2009 Greek debt crisis is a simplistic example. With the Greek government's trust level falling, Greece's 10-year bonds ' yield started to increase from 5 to 30 percent when Greece defaulted on its debts.
<span>speaker interest, awareness of the speaking situation, and audience interest and needs.</span>
The classification that is used in the senior market place is the lien plan
Explanation:
This type of plan is most often used with the senior life insurance plan and these plan are mainly to provide the most minimal benefits without the medical examination
In this plan only the one premium will be refunded and that too it assures only in the case of death and later the benefits take over the time and finally the face amount will be payable. This is the demand for repayment and there cannot be full assurance if the company will provide us or not
Answer:
Health insurance: working without safety equipment
Car insurance: reckless drive
Health insurance: withhold of the information that the insured is a smoker
Car insurance: withhold of the information that insured lives in neighborhood with high crime levels
Explanation:
Moral hazard relates to the behavior that enlarges the possibility of occurrence of undesired events that is insured. In health care the example could be a person that does risky jobs without wearing safety equipment. That is something that can easily lead to that person's deterioration of health at job. In car insurance, that can be reckless drive of an insured. Adverse selection happens when for instance signee of policy insurance withholds certain information, whose revelation would have potential elevating effect on paid premiums. In healthcare it could be non-disclosure of the information that the insured is a smoker, where in the application says otherwise. In car insurance it could be withhold of the information that the insured lives in the neighborhood with high crime level, while in the policy it is stated otherwise.
