The answer is "The Texas Safety
Responsibility Act". <span>
<span>According to the Texas Motor Vehicle Safety Responsibility Act anyone who
is driving a motor vehicle cannot operate the vehicle unless for that vehicle
the financial responsibility is established and it is considered illegal in the
state to drive without being financially responsible.</span></span>
Answer:
To cover budget imbalances, governments borrow money
Explanation:
A government's national debt grows every time it borrows money.
Answer:
$190,000
; $228,000
Explanation:
Accounting Cost:
= Salary of Jill + Labor costs + Insurance and mortgage payment
= $60,000 + $90,000 + $40,000
= $190,000
Economic Cost:
= Accounting Cost + Investment return lost + Loss in Salary + Loss in Rent
= $190,000 + $8,000 + ($80,000 - $60,000) + ($50,000 - $40,000)
= $228,000
Therefore, accounting and economic costs are $190,000 and $228,000, respectively.
Answer:
C. The reduction in funding for research to cure other diseases.
E. whether the last dollar devoted to research on heart disease results in more benefit than the last dollar spent on research for curing other diseases.
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
In this question, the opportunity cost is the The reduction in funding for research to cure other diseases.
Rational decision makers should only choose an option when the marginal benefits exceeds the marginal cost .
I hope my answer helps you
Answer:
you would believe that the exact inflation rate will be 4.02% for the next year.
Explanation:
exact inflation rate = (1 + nominal return)/(1 + real return) -1
= 1.138/1.094 -1
= 4.02%
Therefore, you would believe that the exact inflation rate will be 4.02% for the next year.
