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Butoxors [25]
3 years ago
5

Explain the most well-known service provided by insurance companies.

Business
1 answer:
quester [9]3 years ago
5 0
Could it possibly be life insurance?? I mean I'm not bad at business but I'm not great
You might be interested in
Suppose that over the past year, the real interest rate was 6 percent and the inflation rate was -2 percent. It follows that a.
ANEK [815]

Answer:

d

Explanation:

Nominal interest rate = real interest rate + inflation rate

6 - 2 = 4%

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

if inflation declined by 2 percent, it means purchasing power increased by 2%.

Total increase in purchasing power = 6 + 2 = 8

6 0
3 years ago
Alistair Fashions, a clothing manufacturer, uses an assembly-line to manufacture clothes whereby different groups of workers spe
PIT_PIT [208]

Answer: Division of labour

Explanation: Division of labour entails dividing various tasks of making a good amongst the workers in a system. This organizing system is normally used when there is a large work force. The reason why this system is used is because it allows workers to focus on the specific process they are tasked with, allowing them to perform this task more effectively and efficiently, as long as there is mass production of the specific good. This also allows workers to specialize in their specific task, because they have gotten used to executing it.

Because an assembly line apporach is used in Alistair Fashions, the existence of mass production is likely. Each worker, or group of workers, are tasked with specific tasks such as cutting fabric, finishing sleeves, making collars, etc, allowing them to focus on the element they are tasked with and perform their tasks efficiently.

8 0
4 years ago
A report showing an employee's age as a negative number is useless because it lacks ___
kozerog [31]

Answer:

A report showing an employee's age as a negative number is useless because it lacks Validity.

<h3>What is Validity?</h3>
  • Validity refers to how accurately a method measures what it is intended to measure.
  • If research has high validity, that means it produces results that correspond to real properties, characteristics, and variations in the physical or social world.

To learn more about validity, refer

to brainly.com/question/25689052

#SPJ4

4 0
2 years ago
Jack has $1,000 to invest. He has a choice between municipal bonds with an interest rate of 4% or corporate bonds with an intere
neonofarm [45]

Answer:

Ans. The after-tax rate of return on the municipal bonds is 3% and the after tax rate of return on the corporate bonds is 4.5%

Explanation:

Hi, the formula to find the after-tax rate of return of any taxable income is as follows.

r(AfterTax)=r(BeforeTax)*(1-Taxes)

Therefore, in the case of the municipal bond.

r(AfterTax)=0.04*(1-0.25)=0.03

So, the after-tax rate of return of the municipal bond is 3%.

And for the corporate bond is.

r(AfterTax)=0.06*(1-0.25)=0.045

And the after-tax rate of return of the corporate bond is 4.5%.

It means that taxes on municipal bonds are:

Taxes= Return(BeforeTax)-Return(AfterTax)

In the case of municipal taxes:

Taxes=0.04-0.03=0.01

1% taxes for municipal bonds

In the case of corporate taxes:

Taxes=0.06-0.045=0.015

1.5% taxes for corporate bonds

Best of luck.

7 0
4 years ago
Why would it be helpful for you to study ethics in short periods of time rather than long periods
maxonik [38]

Answer: Ethics and Human Interface: Essence, determinants and consequences of Ethics in human actions; dimensions of ethics; ethics in private and public relationships.

Explanation:

5 0
1 year ago
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