the costs of producing a minivan rise so the supply of minivans decreases.
Auto insurance: because if you crash your car it could be really expensive to pay for it yourself so thats why thats important.
Life insurance: Is if you die and the family you leave behind is dependent on your pay check. So they help keep your pay check coming in for your family.
Health Insurance: If you so suddenly need a surgery this insurance will help you pay for it instead of you taking out all of your money in order to help with your emergency.
Answer: D - A disclosure note is required when the loss is remote and the amount can be reasonably estimated
Explanation:
A contingent liability is an obligation that might arise from an event that would occur in the future.
A contingent liability isn't disclosed when payment is remote.
A contingent liability is recorded when:
1. it is probable the event would occur.
2. there is a reasonable estimate the amount of the loss.
I hope my answer helps.
Answer:
the growth of real Gdp is a
Answer:
multiplier effect
Explanation:
Based on the information provided within the question it can be said that this sequence of events illustrates the concept of a multiplier effect. In the context of economy, this effect demonstrates the increase in national income and consumption when an economy experiences an increase in spending. Such as is demonstrated in the scenario, as the government buys the weapons it causes a chain of spending which allows money to flow and reach employees who receive that money as income and also spend more.
