Answer: c. 3%
Explanation:
The Insurance company guaranteed that the minimum rate that they will pay their policyholders as 3%. Just because the investments are now drawing only 2.5% due to the economic downtown does not absolve them of this agreement.
They must therefore still pay their policy holders the minimum return guaranteed which is 3%.
The correct answer is: [C]:
____________________________________________________
"<span>a want for an item that is much in demand by a great number of people" .</span>
____________________________________________________
<u>Note</u>: Let us consider the other answer choices:
____________________________________________________
Choice: [A]: "<span>a need for basic necessities, such as food, clothing, and shelter."
This refers to a "need" — NOT a "demand" ; so we can rule out "Choice: [A] " .
____________________________________________________
Choice: [B}: "a need that is really a want, meaning the person can live without what they demand" .
This refers to a "want" — NOT a "demand" ; so we can rule out "Choice: [B] " .
________________________________________________________</span>
Then the total budget variance is $1000
The entire budget variance formulation: overall budget variance = (general amount x general rate) - (actual amount x actual fee). = (350 x $12) - (four hundred x $thirteen) = $4200 - $5200 = $one thousand adverse.
A budget variance is an accounting time period that describes times wherein actual prices are both better or lower than the usual or projected expenses. A destructive, or terrible, financial variance is indicative of a financial shortfall, which may additionally arise due to the fact sales pass over or expenses are available higher than expected.
A price range variance is a difference between the budgeted or baseline quantity of fee or sales and the real amount. The budget variance is favorable while the real sales are higher than the finances or while the actual expense is less than the finances.
Sensible budget variance analysis can assist finance teams to spot tendencies, capacity issues, opportunities, and threats in deliberate budgets so that you can make the modifications important to gain their objectives. A finances variance evaluation can also assist spot deviations among the centered vs. real budgets.
Learn more about budget variance here: brainly.com/question/25790358
#SPJ4
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.
