Answer:
Budget
Explanation:
You're sorting out your investments and spending habits. Often sorting out all of your needs to fit in a well <em>balanced </em>budget
Answer: b. Internal limits
Explanation:
Sometimes there will be internal limits on a policy which will usually be less than the general policy limits so as to limit the amount the insurance company will pay on certain goods such as surgical procedures.
This is therefore the relevant provision here because there is probably a cap on the amount that Deion's insurance company will pay on the surgery but as Deion was within acceptable costs, he won't have to pay for passing any internal limits.
These are both responsibilities that need to be fullfilled in order to keep a business running.
<u>Answer:
</u>
The following are the values with their correct matches
Pays medical bills - Liability coverage.
Pays damages to your car - Collision coverage.
Pays damages to the other car - Pays 0% damages to the other car.
<u>Explanation:
</u>
- Medical expenses are termed as a liability coverage because they certainly cannot be ignored as one cannot choose to risk his health.
- The payment done for the repairing of a car damaged due to collision is termed as collision coverage.
- One would choose to not spend on the repairing of the other car when one car is in good condition.
The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand. Hence option C is correct.
<h3>What is aggregate demand ? </h3>
The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
A macroeconomic concept known as "aggregate demand" refers to the total demand for products and services during a specific time period at any given price level.
Since the two indicators are calculated in the same way, aggregate demand is equal to GDP over the long run. Aggregate demand is the desire or demand for those products, whereas GDP is the total amount of goods and services produced in an economy.
Learn more about aggregate demand here
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