Answer:
D. The 80 percent coinsurance rate is reduced when a policy requires a higher coinsurance percentage.
Explanation:
Coinsurance is the amount which is fixed cost payable by the insurance seeker in order to provide claim against the risk. The coinsurance rate is decided based on the risk nature. If the risk is high the coinsurance rate will be higher so that insurance coverage is maximum.
Answer:
$600 billion
Explanation:
Given that,
Currency held by the public = $100 billion
Reserves held by banks = $50 billion
Bank deposits = $500 billion
The money supply refers to the total money in the circulation.
Therefore, the total money supply is as follows:
= Currency held by the public + Deposits with the bank
= $100 billion + $500 billion
= $600 billion
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:
A technical position will use technology. For example, a programmer will utilize computer languages such as Java to write code to run on a variety of devices: cell phones, tablets, and laptops. A knowledge of how thinking and hardware interact is absolutely necessary.
