The most Sheldon should pay in one calendar year is $9,750
Deductible is a term used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
Given that :
Premium = $250
Deductible = $3500
Maximum out-of-pocket expenses = $6000.
Then, the maximum he should pay in one calendar year is:
= $250 + $3,500 + $6,000
= $9,750
Therefore, the maximum he should pay in one calendar year is $9,750
Learn more about insurance plan here : brainly.com/question/25676329
false, higher gear is used for power not for speed
Answer:
Passive investment
<h3>
What is Passive Investment?</h3>
- Passive investment refers to an investment strategy used by investors to increase their returns by selling and buying.
- Investors use this investment strategy to prevent some fees and cut out limited performance that may likely accompany regular trading.
Some of these benefits include:
Transparency: investors do know the assets in an index fund
Extreme low fees: monitoring is not necessary simply because no one is picking stocks
Tax efficiency: this strategy does not lead to a yearly tax of massive capital gains since passive investors only buy and hold.
Simplicity: Owning an index is very easy to implement and understand when compared to a dynamic strategy that involves regular adjustment and research.
To learn more about it, refer
to brainly.com/question/26386481
#SPJ4
Answer:
d more centralized planning in economic decision making
Explanation:
A command economy is where the government makes all the economic decisions and owns factors of production.
A market economy is where production decisions are made by the forces of demand and supply. There is consumer sovereignty to make production decisions in this type of economy.
I hope my answer helps you
