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George and Nancy had a $30,000 repair bill on their home after the tornado went through town. Their policy contained the usual 80% co-insurance clause. Their home's replacement value was $150,000; their policy coverage was $110,000 with a $250 deductible.
How much insurance should they have carried to meet the coinsurance obligation?What percentage of this loss will the insurance company pay?How much of the loss will George and Nancy have to absorb?
There are two brands of cell phones that are almost identical except for some minor features, the A-Phone and the Pomegranate.
Fierce storms in October 2004 caused Tomato Fest Organic Heirlooms Farm to end its tomato harvest two weeks early. According to Gary Ibsen, a partner in this small business (Carolyn said, "Tomatoes in Trouble," San Francisco Chronicle, October 29,..
The issue is whether monetary policy can do the trick or not, and it would appear to many that it can't. This clip comes from late 2008 when the economy was entering a recession. a) what is meant by monetary policy "doing the trick"
As the author listed as the 1st profit of creation of approx 1000 private sector jobs. Describe the logic of this statement.
What is the main policy message of the AS-AD model, and how does it relate to the 1930s Keynesian revolution in economic theory? What should today's policy-makers assume about the natural rate of unemployment?
If the First Bank sells $10 million of its fixed rate assets and replaces them with ratesensitive assets, what is the income gap for the bank? What will happen to profits next year if interest rates fall by 3 percentage points?
In a two play, one shot simultaneous move game every player can select strategy A, each earns a payoff of $500. If both players choose strategy A,
Show how it would work in the context of the IS-MP diagram. How would this monetary policy rule depend upon the sensitivity of investment to the real interest rate?
Mable has balanced the cost against the benefit of bringing a lawsuit against Harvey. She has decided to sue him for monies owed to her as per a contract the two entered into. However, she would much rather settle her case at the pretrial hearing.
A supply curve does all of the following,uses the ceteris paribus assumption.Holds constant time, place, income, costs of inputs, costs of substitutes, and suppliers' expectations about future prices.
Genetically Modified Organisms have been hailed as the possible solution to famine. Are there any risks with GMOs If so, what are they What is the record of success of GMOs in terms of drought resistance, pest resistance, increased yields
the study of how to increase resources and create conditions that will make better use of resources. Resource development or Economics or else.
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