Her total annual car insurance premium is $858.
<h3>Total annual car insurance premium</h3>
Liability insurance:
Bodily injury-premium=$310
Collision and comprehensive premium
Collision=$215+$185+148
Collision=$548
Insurance premium
Insurance premium=$310+548
Insurance premium=$858
Inconclusion her total annual car insurance premium is $858.
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The U.S. Constitution's Article 1, Section 8, Clause 3 is referred to as the "Commerce Clause," and it grants Congress the authority "to regulate commerce with foreign nations, among the several states, and with the Indian tribes."
<h3>What is Commerce Clause?</h3>
- Significant and ongoing debate about the distribution of power between the federal government and the states has resulted from Congress's repeated use of the Commerce Clause as justification for exercising legislative authority over state and citizen actions.
- In the past, the Commerce Clause was seen as both a grant of power to Congress and a limitation on the power of the States to regulate themselves.
- Due to the lack of a clear definition of "commerce" in the Constitution, there is much disagreement over the authority that Congress is granted under section 8, clause 3.
- Some contend that word just refers to trade or exchange, while others assert that the Constitution's framers intended to express more widely social and commercial interactions between inhabitants of various states.
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The market risk premium calculates the slope of the security market line.
What is market risk premium?
A risk premium is the higher rate of returns you can expect from riskier investments like stocks compared to risk-free investments like government bonds. The pricing model for capital assets is graphically represented by the security market line (SML), a line drawn on a graph. The SML can be used to assist in trying to compare an investment product's rate of return towards its level of risk.
Numerous exogenous factors can have an impact on the slope of a security market line. For instance, the economy's real interest rate could change, inflation might rise or fall, there could be a recession, and investors could start to take less risk generally.
In other words, higher risk also comes with higher rewards because more systematic risk is linked to higher expected returns for securities. The linear relationship also explains why security market line is indeed a straight line.
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Answer:
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