According to the given information, amount would she receive in disability benefits if an illness kept her off work for 15 weeks is $ 9,240
Disability benefit = $ 9,240
<u>Workings</u>:
Disability benefit = ($1400 X 60%) × (15 weeks - 4 weeks)
= $ 9,240
- Systems of social protection are crucial in addressing the unique needs of people with disabilities in terms of income security, social health protection, and social inclusion. The provision of income support to people with disabilities and their families through disability benefits is one of the components of social protection systems that specifically addresses needs related to disabilities. Both contributory plans (disability pensions) and non-contributory disability benefits fall under this category.
- Schemes and programs that aid in the (re-)integration of people with disabilities into the labor force and make it easier for them to participate in employment also play a crucial part in fostering independent living and financial security.
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Economic order quantity (EOQ) is the perfect request amount an organization should buy for its stock given a set cost of creation, request rate and different factors.
This is how we calculate this;
Economic order quantity = square root ( 2*demand *fixed cost / holding cost)
demand = 14,400
fixed cost = $77
holding cost = $23
=√ ( (2×14,400) (77 / 23))
= √ (2880)(3.348)
= √(96422.4)
=310.5 = 310 units
Answer: He is aware that if interest rates <u>increase</u>, the potential earnings power of the cash flow from his investments will increase. In particular, he is concerned that a decline in interest rates might lead to <u>less</u> annual income from investments.
Frank is most concerned about protecting agains the "b. reinvestment rate risk" because it is the risk that interest rates will fall and therefore the investor must reinvest the cash flows of current assets at a lower rate than he did at the beginning. And as a consequence there is a decrease in income.
True or false: TRUE. Because Cash flows receivable in the short term are closer to being reinvested than cash flows receivable in the long term.
Answer:
The correct option is B
Explanation:
As Joe has health insurance, now he is engaged in the activities which are more risky because he knows that if he gets hurt then the health insurance will cover it. So, this economic problem in the story will be referred to as the moral hazard because it is a hazard when one party can take the risks knowing that the other party will bear the outcome.
Most people criticize monopolies for charging excessive prices, but economists disagree because monopolies do not produce enough goods and services to be allocatively efficient.
What is Allocative efficiency?
Efficiency, whether allocational or allocative, is the quality of a market where all products and services are efficiently divided among consumers in an economy. It happens when parties can use the precise and easily accessible information reflected in the market to decide how to employ their resources.
Why is a monopoly allocatively inefficient?
Companies with monopoly power can set prices higher than in a market with competitors. Because in monopolies the price is higher than MC, an unregulated monopoly provider is very likely to be allocatively inefficient. In a market where there is competition, prices would be reduced and more people would benefit from buying the product.
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