A deductible is the
A. amount of covered expense that an individual will have to pay before the insurance company pays anything.
B. percentage of a covered expense that an individual will have to pay.
C. amount of covered expense that an insurance company will have to pay before the individual pays anything.
D. percentage of a covered expense that an insurance company will have to pay.
Answer: A
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Who among the following exercises a right to pollute?
A) A cigarette smoker B) An automobile driver C) An owner of a coal-fired electrical utility D) A user of household sprays E) All of the above.
The labor supply curve
a. slopes upward to illustrate that more people will want to work as the real wage increases b. slopes upward to illustrate that changes in the real wage are directly proportional to changes in the nominal wage c. may slope either upward or downward, depending upon the real wage d. slopes downward to illustrate that a decrease in the real wage decreases the number of individuals willing to work e. slopes downward to illustrate that the availability of workers is directly proportional to the real wage
The "real burden" of the debt is directly related to
A. The idea of opportunity cost. B. How transfers redistribute income. C. The relationship between the Treasury and the Federal Reserve System. D. The difference between internally held debt and externally held debt.
There is a 20% chance that you will earn $20,000; a 20% chance that you will earn $40,000; and a 60% chance you will earn $50,000. What are your expected earnings?
What will be an ideal response?