Jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the policy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns A level term policy.
A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies.
A government or other institution's policy may be a legislation, rule, process, administrative decision, inducement, or voluntary practice. Resource allocations frequently reflect policy decisions. Policies in many different industries can affect health.
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Expansionary monetary policy shifts AD to the right.
<h3>
What is Expansionary monetary policy?</h3>
- Expansionary policy, often known as loose monetary policy, expands the availability of money and credit in order to stimulate economic growth.
- During difficult economic circumstances, a central bank may use expansionary monetary policy to reduce unemployment and stimulate growth.
<h3>Impacts on GDP, unemployment, and inflation by the increase of supply of money:</h3>
- The Federal Reserve begins to grow the money supply at an increasing rate.
- The impact on GDP, unemployment, and inflation would be significant.
- AD is shifted to the right by expansionary monetary policy.
Therefore, expansionary monetary policy shifts AD to the right.
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Answer:
Bond Price= $1,081.1
Explanation:
Giving the following formula:
Face value= $1,000
Number of periods= 5*2= 10 semesters
Coupon= (0.1/2)*1,000= $50
YTM= 0.08/2= 0.04
<u>To calculate the price of the bond, we need to use the following formula:</u>
<u></u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 50*{[1 - (1.04^-10)] / 0.04} + [1,000 / (1.04^10)]
Bond Price= 405.54 + 675.56
Bond Price= $1,081.1
<h2>
10 workers would cause the marginal to exceed the marginal benefits.</h2>
Explanation:
- Let us understand the term "Marginal benefits".
- It is the additional amount that the consumer "willing to pay" for an additional goods or a service.
- In terms of producers, the marginal benefit is termed as marginal revenue.
- Here according to the situation given in the question as to how many workers to hire could be answered by the number 10.
- Marginal revenue always falls below marginal cost.
- It is the revenue that the organization receives for selling one additional unit.
Answer:
The three major components in the preceding scratch list are High-End Linens, Affordability and Food & Drinks.
i. High-End Linens
List that falls under it includes 600-thread-count sheets, Double-thick bath towels, Silk pillowcases, Raw silk curtains with gold embellishments
ii. Affordability
List that falls under it includes $100/night four-star rooms, Free snacks, shampoo, and conditioner
, Free wireless Internet
iii. Food and drink
List that falls under it includes Coffee maker with selected teas, Imported beer
, Fresh-squeezed juices