Answer:
A. Savings ratio
Explanation:
The savings ratio is expressed as a percentage and is computed by dividing average household savings by average household disposable income.
Answer : all of the above
I think this is the answer.
Answer: $7200
Explanation:
From the question, we are informed that most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $4,700 worth of jewelry and $6,000 worth of silverware were stolen from a family.
The amount of claim that would not be covered by the insurance will be:
= ($4,700 - 1,000) + ($6,000 - 2,500)
= $3,700 + $3,500
= $7,200
