Answer:
increased flexibility
increased transmission distance
I think that A is the answer
Answer:
4. increase
Explanation:
If price decreases and, in percentage terms, quantity rises more than price, it means demand is elastic.
For example ,if price falls by 1% and quantity demanded increases by 5%, total revenue would definitely increase.
I hope my answer helps you
Answer: A. Expansionary fiscal policy, increase government expenditures by $100, or cut taxes by $200.
Explanation:
Recessionary gap = $200
Marginal Prospensity to Consume = 0.5
Spending multiplier will them be calculated as:
= 1/(1-0.5)
= 2
Tax multiplier will be:
= -0.5/(1-.5)
= -1
Therefore, the answer is option A"Expansionary fiscal policy, increase government expenditures by $100, or cut taxes by $200"
Answer: pays the death benefit in the amount that the premium at the correct age would have purchased
Explanation:
According to the question, an insured states her age as 40 on the application and upon her death, the insurer discovers that the insured was 37 at the time of application.
The right thing for the insurance company to do is to pay the death benefit which in entitled to the insured in the amount which the premium at the correct age would have been bought. If insured overstates his or her age, the insurer will have to pay the full death benefit and then refund excess premiums paid.
