I believe the answer is: A. Lower deductible
In choosing insurance, the premium is the amount that you should pay to the insurance company in exhange for the coverage of their service. While the deductibles are the amount that you should pay each year before the insurance company start paying on your behalf.
A $2 bill is worth 200 pennies, 20 dimes, 4 half dollars, and 25 nickels.
Hope this helps :)
Answer:
Refer to the Article Summary. Implementing a negative interest rate policy, as is discussed in the article summary, would be designed to ___lower_____ the price level and ___improve_____ real GDP.
Explanation:
The Fed will consider negative interest rates when it wants to increase borrowing and lending during economic recessions. The effects of a negative interest rate are the reduction of the cost of borrowing economy-wide and the increase of economic activity. The increased economic activity will be achieved through increased investments and increased consumption spending. Thus, banks and consumers are encouraged to lend and borrow more money so that the economy can spend its way out of recession.
Answer:
a) 120 skiers per day
b) 6.25% increase in revenue
Explanation:
a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.
__
b) For a stay of n days, the average skier spends ...
50 +(n-1)30 = 20 +30n
and the average spending per day is ...
(20 +30n)/n = (20/n) +30
So, for a 10-day stay, the average skier spends in restaurants ...
20/10 +30 = 32 . . . . per day
And for a 5-day stay, the average skier will spend ...
20/5 +30 = 34 . . . . per day
The change in restaurant revenue is expected to be ...
(34 -32)/32 × 100% = 2/32 × 100% = 6.25%
Restaurant revenues will be 6.25% higher compared to last year.
