When you don't know a certain answer to a customer question be honest and tell them that you don't know the answer to this question however you will ask from your colleague about this question and will revert back to the customer.
<h3>What is a customer?</h3>
A customer is a person who is a buyer or a potential buyer of your products and or services.
The customer should be communicated of the estimated time that will be taken to revert back with the correct answer to the question. It is highly recommended that no guesses are made when you don't know a certain answer.
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Answer:
Your answer would be FALSE
Explanation:
The reason why your answer would be FALSE is because Insurance underwriters are NOT the ones that sell insurance to customers. The person that sells insurance to people are Insurance Agents.
What an insurance underwriter does is decide which types of insurance a company should have and which types of insurances the company shouldn't have. They're specifically not the ones that you call or see when you get insurance.
For example, when you call an insurance company, the person that picks up the phone is an Insurance Agent for the company. Insurance underwriters don't necessarily deal with customers because that is not their job task.
Answer: Retailers sell food, hard or durable goods, and soft goods. Retailing is a trading activity that is directly related to the sale of goods or services to the ultimate consumer for personal, non-business use. A retailer is the last middleman in the machinery of distribution and is responsible to satisfy recurrent wants of consumers.
Explanation: I hope this helps!
Answer:
9.85%
Explanation:
Data provided in the question:
Initial Offer price = $23.45
Current NAV = $22.28
Dividends and capital gains distributions over the year = $1.09 per share
Now,
Holding period return
= [Current NAV + Dividends and capital gains distributions - Initial Offer price ] ÷ Initial Offer price
= [ $24.67 + $1.09 - $23.45 ] ÷ $23.45
= $2.31 ÷ $23.45
= 0.0985
or
= 0.0985 × 100%
= 9.85%
Answer:
Real GDP decreases by $100 billion because of the multiplier effect
The new level of GDP will be $200 billion
Explanation:
In an economy, there are no exports and no taxes.
The marginal propensity to consume is 0.9.
The real GDP is $300 billion.
There is a decrease in investment of $10 billion.
This $10 billion decrease in the investment will cause the real GDP to decrease by more than $10 billion. This happens because of the working of the multiplier.
Because of a proportionate change in the investment, the multiplier will cause the GDP to change by more than proportionate.
Multiplier
=
=
= 10
ΔGDP
= Multiplier × ΔI
= 10 × $10 billion
= $100 billion
So a $10 decrease in the investment will cause the real GDP to decrease by $100 billion.
The new level of real GDP will be
= $300 billion - $100 billion
= $200 billion