Answer:
Insurable interest
Explanation:
The insurance interest is the interest of the insurer while taking the policy so that the risk of the loss is reduced also it is an important requirement that makes the firm or the event to be legal, valid, enforceable, and protected against any harmful acts done intentionally
Therefore according to the given situation, the concept in which enough interest must exist on the part of the insurer while taking the policy is known as the insurer interest
Hence, the first option is correct
Transfer payment is a payment made by : Government, but not in exchange for a currently produced good or service.
<h3>What is transfer payment?</h3>
Transfer payment refers to a public expenditure, which is made purposely for unemployment compensation other than procuring goods or services. It is money or other aid that is given by a government without any good or service in return.
Examples of transfer payments include:
- Welfare
- Financial aid
- Social security
- Government subsidies for certain businesses.
Hence, transfer payment is a payment made by government, but not in exchange for a currently produced good or service.
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Answer:
increase short-run aggregate supply.
Explanation:
Given that energy is an important part of the production process. It is often considered to be the next in line after labor, thereby having a significant effect on the economy's aggregate supply of real production.
Hence, a decrease in energy prices will decrease the production cost and in turn lead to an increase in short-run aggregate supply, thereby making the SRAS curve shift rightward.
This is because a decrease in energy prices will make it possible for companies to increase their supply of real production at a cheaper cost
<em>In a firm's income statement, interest payments on debt are deducted </em><em>before </em><em>corporate taxes are calculated, which</em><em> reduces</em><em> the firm's tax liability.</em>
<h3>Income statement: What is it?</h3>
An overview of the company's operations for a specific time period is provided in the income statement. The revenue (gross and net sales), cost of products sold, operational expenditures (selling and general and administrative expenses), taxes, and net profit or loss are the statement's primary components.
<h3>What is displayed on a firm's income statement?</h3>
The statement logically and coherently presents the company's revenue, costs, gross profit, selling and administrative expenses, other expenses and income, taxes paid, and net profit.
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It is D. A part-time job to earn extra money.
