Answer:
A) Deficit 30 , B) Deficit 20 , C) Forex inflow is at positive side, forex outflow on negative side
Explanation:
A) Merchandise deficit is the difference between value of exported visible goods & imported visible goods.
UK 2001 trade deficit = Goods export value - Goods import value
£192 - 225 = - 30
So, Trade Deficit = 30
B) Current account balance is the difference between : forex inflow by goods & services exports, unilateral transfers, factor incomes received and- forex outflow by goods & services imports, unilateral transfers, factor incomes paid.
Current account Balance = (Goods & services export value + Income & transfer payments from abroad) - (Goods & services import value + Income & transfer payments to abroad)
= (192 + 77 + 140 + 16) - (225 + 66 + 131 + 23)
-20 [Deficit]
C) An item causing foreign exchange inflow leads to positive side on current account balance (eg exports). An item causing foreign exchange outflow leads to negative side on current account balance (eg imports)
You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage?
a. $200
b. $300
c. $500
d. $800
Insurance is protection from financial loss. Insurance is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Insurance is a financial product sold by insurance companies to safeguard people also property against the risk of loss, damage or theft (flooding, burglary or accident).
Whereas the insurance policy is the contract between the insurer and the insured known as the policyholder, that determines the claims which the insurer is legally required to pay. Whereas Insurance coverage is the amount of risk/ liability covered for an individual/entity by way of insurance services.
Insurance policy = $300 premium, $500 deductible. A deductible is the amount you pay out of pocket when you make a claim.
A lower deductible means higher monthly payments. If you have a low deductible, you have more coverage from your insurance company and you have to pay less out of pocket in the case of a claim. A higher deductible also means the reduced cost in the insurance premium.
Then we should pay the insurance company each month for coverage = $300
Grade: 9
Subject: Business
Chapter: insurance
Keywords: insurance policy, premium, deductible, insurance company, coverage
Answer:
The result of the operation of for the month is Net Income of $215,000.
Explanation:
Values Reported as follows
Revenues = $ 315,000
Expenses = $ 100,000
Equation to compute net income or loss:
In case if Total Revenue is higher than the Total Expenses the net result will be as Income and Total Expenses is higher than the Total Revenue the net result will be as Loss.
Net Income / Net Loss = Total Revenue - Total Expenses
Calculations:
Net Income / Net Loss = $315,000 - $100,000
Net Income = $215,000
So the result of the operation of for the month is Net Income of $215,000.
b. contributions may exceed $2,000.
c. deposits must be in federally-insured accounts.
d. funds are only to be used for education expenses.
Answer:
Your answer is A
Earnings on the account are tax free after five years.
Explanation:
B.) are a poor fit for your skills, interests, personality or values
C.) you believe you have little chance of being able to enter
D.) all of these
The answer to the question is (D) all of these.
If you have listed all the careers you wished to pursue and realized that some of the careers you desire to pursue do not pay as much as you need to earn, it is best to eliminate it since it would cause you financial problems later on if you choose it. You should also eliminate careers that you think will not be suitable for you in terms of the required skills and interests. If you think you have very little chance of being able to enter a career field, it is also best to eliminate it from your list.