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Margarita [4]
2 years ago
10

What is the main difference between whole life insurance and term life insurance?

Business
1 answer:
Stella [2.4K]2 years ago
8 0

Whole life insurance is a type of program that you pay for your "whole life." The premiums tend to stay level on whole life policies.

On the other hand, term life insurance gradually gets more expensive as you get older. Term life insurance is simply the pure cost of insurance with no savings element.

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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as ed
den301095 [7]

Answer:

Break-even point in units= 2,984 units

Explanation:

Giving the following information:

The one-time fixed costs will total 49982. The variable costs will be $8.50 per book. The publisher will sell the finished product to bookstores for 25.25 per book

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 49,982/ (25.25 - 8.5)

Break-even point in units= 2,984 units

7 0
3 years ago
Why do you need your rate of return to be greater than inflation
slavikrds [6]
Because when inflation levels are stable and moderate, investors have lower expectations of high market returns. Conversely, expectations rise when inflation is high.
6 0
2 years ago
Your friend Burrell says that the government should hire fewer social workers in order to reduce the cost of federal assistance
BARSIC [14]

Answer: b) peoples' responses to financial incentives.

Explanation:

Burrell would be wrong because the most leakage in federal assistance programs comes from the way people respond to financial incentives.

Some people who have received this assistance from the Federal government have decided that it would be better to keep receiving this assistance instead of working to actually get paid.

This has led to more people seeking assistance thereby increasing the number of people needing assistance and invariably increasing the cost of these federal assistance programs.

4 0
3 years ago
Some economists believe that permanently lower marginal income tax rates __________ the incentive to work and thus shift the ___
gtnhenbr [62]

Answer:

The answer is "increase; LRAS curve to the right".

Explanation:

The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.

6 0
2 years ago
Something you enjoy or want to know more about is a(n) _____.
gtnhenbr [62]
The answer is B. Interest
3 0
2 years ago
Read 2 more answers
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