<span>They are considered decreasing term policies. In these policies, the benefits usually decrease over the life of the policy: that is, the closer one gets to the end of the policy term, the less the benefit will typically be. At the end of the term, there is no option to renew for the same premiums, and the policy simply expires.</span>
Answer:
Resources are limited in supply(scarcity) while wants are unlimited thus one has to make a choice to satisfy a need.Some choices are forgone(opportunity cost)
Answer:all of the above are Correct (D)
Explanation:
Real GDP is a macro economic statistics that measure the value of the goods and services produced by an economy in a specific period , adjusted for inflation. Government use both minimal and real GDP as metrics for analyzing economic growth and purchasing power over time.
Answer: $18,079.50
Explanation:
The tax is to be paid on the $100,000 alone as the $10,000 is municipal interest and is therefore tax exempt.
Taxes on the $100,000 in 2020;
= 14,605.50 + ( 24% of any amount above 85,525)
= 14,605.50 + ( 24% * ( 100,000 - 85,525))
= $18,079.50
