Answer:
b. X1 + X2 ≤ X3 + X4
Explanation:
b. X1 + X2 ≤ X3 + X4
The situation tells us that the sum of both 1 and 2 must be equal to the sum of 3 and 4 which is true, because if both projects 1& 2 are selected then the both projects 3 & 4 must also be selected.
The rest of the choices are wrong because
a. X1 + X2 ≤ 2(X3 + X4)
The sum of projects 1& 2 is not less than 2 times sum of projects 3 & 4 .
c. X1 − X3 = X2 − X4
If we leave project 3 then project 4 cannot be left out.
d. X1 + X2 + X3 + X4 ≤ 2
any two projects out of the four cannot be chosen. 1 must be chosen from 1&2 and the other from 3 &4.
Answer:
c. Equals to 1.5
Explanation:
Options are <em>"a. -lower than b. -higher than c. -equal to
"</em>
Expenditure multiplier = Change in real GDP / Change in spending
Expenditure multiplier = 9/6
Expenditure multiplier = 1.5
Thus, the expenditure multiplier is equal to 1.5
Answer: Broker
Explanation: An insurance broker is a person or group of persons who have the legal authority to trade or manage insurance policy of his or her clients. A broker advices the policy holder on necessary actions to take.
Under the California code insurance brokers are not permitted for life and health insurance policy.
An insurance broker is acting as a third party to his or her clients.
Answer:
The correct word for the blank space is: equity.
Explanation:
People expect the government to implement policies that will boost the overall economy and that will provide equal opportunities. Though, sometimes certain criteria must be met so those policies can apply. This causes people who are not eligible to access the policies' benefits to believing the regulation itself does not have an equity principle.
