Crowding out occurs when.

Which response core capability involves ensuring the capacity for timely communications in support of security, situational awar

xeze [42]

<span>On-scene security, Protection, and Law Enforcement</span>

On-scene security, Protection, and Law Enforcement entails conducting appropriate measures to ensure the protection of the health and safety of the public and workers, as well as the environment, from all hazards in support of the responder operations and the affected community

7 0

2 years ago

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A decision-maker faces the following decision under conditions of uncertainty. This decision-maker has $1 million in assets. Mos

denis-greek [22]

A- The net earnings of the individual in question will be $710000 after the individual's claim for loss by fire is settled by the insurance company. B- Yes, he would buy the insurance if he were risk neutral.

C- Yes, the individual will buy the insurance policy if he were a expected utility maximizer as he would want to claim complete settlement of this amount to be claimed in case of fire loss.

The expected net earnings from the insurance after deducting the amount from the premium paid and total claim endorsed by the insurance company will be $710000 which can be shown as below

$\rm Net\ earnings= claim\ received - premium\ of\ policy$

$\rm Net\ earnings= 750000-40000$

We get,

$\rm Net\ earnings= 710000$

If the individual were risk neutral he would like to take the insurance as the risk of fire in the example given above is 0.5 which is greater than zero and this ultimately implies that <u>risk cannot be taken.</u>

In the case if the individual is expected utility maximizer he would take the insurance as it would not only give him the claims from losses due to fire but also help him secure his house against beta of fire.

Hence, the correct answers will be A- $710000; B- Yes.; C- Yes. and imply that taking insurance will be a wise decision by the individual.

To know more about insurance policy , click the link below.

brainly.com/question/24984403

6 0

2 years ago

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What is the key idea in the aggregate expenditure macroeconomic model? The key idea in the aggregate expenditure model is that

guajiro [1.7K]

Answer:

A) in any particular year, the level of GDP is determined mainly by the level of aggregate expenditure.

Explanation:

The formula for calculating the aggregate expenditure (AE) of an economy is the same used to calculate the gross domestic product:

Aggregate expenditures = consumption + investment + government + net exports (exports - imports)

The main difference between the GDP ans AE is that AE measures the planned consumption, the planned investment, the planned government expenses and the planned net exports.

he equation is: AE = C + I + G + NX. The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.

6 0

3 years ago

What was the name given to the trade system where finished manufactured goods were sent to africa in exchange for slaves who wer

Alex Ar [27]

A.) The Triangular Trade

7 0

3 years ago

_____ would be most likely to help you develop a 4 plan.

11111nata11111 [884]

THE SMALL BUSINESS ADMINISTRATION would be most likely to help you develop a business plan.

Every businesses start small. When it comes to starting and running a small business, available sources include small business administration, industry associations, blogs, and websites.

8 0

3 years ago