$1500 will be paid by the Insurance policy as the accident has lead to $725 damage to John’a car which will be covered up to $500 (full amount that insurance can pay), leaving him to pay off the rest. As for the liability that is worth $1525 so insurance will pay what it can which is $1000, leaving John to pay off the remaining amount. So the insurance is paying $1500 ($500 comprehensive coverage plus $1000 liability coverage)
Answer:
1% negative
Explanation:
<u>a. What is the real interest rate?</u>
the inflation premium is an added value to the real interest rate to cover the effect of inflation and be more attractive to potential investor:
real interest rate + inflation premium = nominal interest rate
real interest rate + 2% = 1%
we clear real interest:
real interes rate = 1% - 2% = -1%
The real interest is 1% negative
Answer:
Option (B) is correct.
Explanation:
If there is an increase in the income of the consumer then as a result there is a parallel shift in the budget line. This increase in income will increase the real purchasing power of the consumers and hence, this would increase the quantity of two goods consumed in an equal proportion.
Other factors remains the same, an increase in the income level of the consumer will increase the consumption of both the goods because the prices of both the goods are constant.
Answer: They help a customer solve a problem without promoting a particular company's products
Explanation:
White paper is simply refered to as an authoritative report that is used in order to addresses certain issues that are deemed to be vital and also provide solution to such issues.
White papers gives awareness regarding particular products and it helps customer solve a problem without promoting a particular company's products.
