Answer:
There are five main types of bonds: Treasury, savings, agency, municipal, and corporate. Each type of bond has its own sellers, purposes, buyers, and levels of risk vs. return. If you want to take advantage of bonds, you can also buy securities that are based on bonds, such as bond mutual funds.
Explanation:
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Answer:
a) $2498.6
b) No
Explanation:
Given that:
Deductible = $850
Medical cost for treatment = $9,093
Policy deductible percentage = 80% = 0.8
a)
Coinsurance = (Medical cost for treatment - deductible) x (1 - policy deductible percentage)
Substituting values:
Coinsurance = ($9093 - $850) x (1 - 0.8) = $8243 x 0.2 = $1648.6
The total amount Becky would pay under the current policy = Deductible + Coinsurance = $850 + $1648.6 = $2498.6
b) No, since beck paid $2498.6 instead of a policy of $4000, she saved $1501.4 (i.e $4000 - $2498.6)
Answer:
b. allows people to specialize according to comparative advantage.
Explanation:
A trade can be defined as the process that typically involves the buying and selling of goods and services between a buyer (consumer) and a seller (producer).
Trade can make everybody better off because it allows people to specialize according to comparative advantage.
This ultimately implies that, trade creates an enabling environment that suits a specific service provider or producer of a particular product.
The statement that is said to be most likely to be true in this scenario are:
- Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute.
- Audrey can sue CLEANOUT for material breach of contract.
<h3>What is the contract about?</h3>
In contract law, a "material" breach of contract is known to be a form of breach that took place when one part fails to carry out the contract and this strikes so well at the heart of the contract that it tends to renders the agreement "practically broken"
Note that The statement that is said to be most likely to be true in this scenario are:
- Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute.
- Audrey can sue CLEANOUT for material breach of contract because it passed the due date.
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The scenario that best sets the stage for economic growth is The percentage of Pennsylvania residents with a college degree rises from 25% to 30%.
<h3>What would lead to economic growth?</h3>
There are several things that can lead to economic growth and one of them is the increase in the quality of human capital.
If human capital in a place are able to become more educated and skilled in production, then there would be a good chance of production improving and economic growth coming. This is why a greater percentage of Pennsylvania residents having college degrees would lead to economic growth.
Options for this question include:
- The unemployment rate in Pennsylvania rises from 5% to 6%.
- The percentage of Pennsylvania residents with a college degree rises from 25% to 30%.
- The United States imports more and more low-cost steel from Asian countries.
- The Northeast has a devastating drought.
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