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Free_Kalibri [48]
3 years ago
14

Which rating classification is typically used in the senior marketplace so that policies can be issued without a medical exam?

Business
1 answer:
Vadim26 [7]3 years ago
4 0

The classification that is used in the senior market place is the lien plan

Explanation:

This type of plan is most often used with the senior life insurance plan and these plan are mainly to provide the most minimal benefits without the medical examination

In this plan only the one premium will be refunded and that too it assures only in the case of death and later the benefits take over the time and finally the face amount will be payable. This is the demand for repayment and there cannot be full assurance if the company will provide us or not

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Assume that consumers in a nation reduce their marginal propensity to save from 0.25 to 0.2 though their personal incomes initia
umka21 [38]

Answer:

Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.

Explanation:

Old marginal propensity to save = 0.25

Old marginal propensity to consume = 1 - 0.25 = 0.75

Old multiplier = 1 / Old marginal propensity to save = 1 / 0.25 = 4

New marginal propensity to save = 0.20

New marginal propensity to consume = 1 - 0.20 = 0.80

New multiplier = 1 / New marginal propensity to save = 1 / 0.20 = 5

Change in multiplier = New multiplier - Old multiplier = 5 - 4 = 1

Therefore, the decrease in marginal propensity to save (MPS) will increase marginal propensity to consume (MPC) form 0.75 to 0.80 and the multiplier from 4 to 5.

Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.

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3 years ago
A(n)______allows students to study more specific topics within their majors.
padilas [110]

Answer: The answer would be a interrogation

Explanation:

8 0
2 years ago
Greg and Joyce have an adjustable rate mortgage on their home. What is the key feature of this type of loan?
vladimir1956 [14]

Answer: Interest rate can vary

Explanation: Based on the description of Greg's and Joyce's mortgage loan, the key term is the adjustable nature of the loan used to finance the mortgage. Being adjustable simply means not fixated. Hence, the interest on the loan is bound to change throughout the entire period of the loan. This type of mortgage loans are called ADJUSTABLE RATE MORTGAGE or FLOATING mortgage. The change in the interest rate applied on the outstanding balance of is usually at intervals which could be annually, semianually or monthly basis as the case may be.

6 0
3 years ago
Suppose you wish to provide an accessor method for a boolean property finished, what signature of the method should be?
Westkost [7]
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Keith_Richards [23]

Answer:

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Explanation:

6 0
3 years ago
Read 2 more answers
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