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Economics

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Vincent Schneider

Lvl 9
โˆ™ 2021-10-18 18:34:09
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Cards in this guide (29)
What does liability insurance cover

The term "Liability" means anything you are libal for. The best way to put it is the liability section of an insurance policy covers other people's bodies and stuff, in the event you harm either of those things.

The medical and car repair bills for anyone else involved in an accident you caused

Why does the IMF impose conditionality on countries that accept its loans

The IMF wants to help fix the economies of countries that need its help. <apex>

How has globalization contributed to the recent increase in international terrorism

The downsides of globalization affect many people who often feel they have nowhere to turn other than violence.

Why is globalization potentially damaging to the environment

Protecting the environment increases production costs and reduces competitiveness.

Why does the growth of international trade lead to a rising global standard of living

International trade enables specialization, which brings increased efficiency and greater competition.

What does the World Bank hope will result from the loans it makes to developing countries

An improved climate for foreign investment

What do people who live in apartments often have to pay in addition to rent

Utility bills

What kind of insurance provides replacement value for personal possessions

Brand new items to replace the items lost (APE*)

What is discretionary spending within a budget

Money that can be used for any purpose

Why are fixed expenses difficult to reduce

Fixed expenses pay for necessities like rent and utility bills.

Why do banks pay their customers interest on the money in their savings accounts

The bank charged interest when it loaned that money to someone else. So in return, the banks pay their customers interest on the money they borrowed from their savings accounts.

What provides a bank with collateral on a car loan

The car itself

What is one of the disadvantages of getting a government-sponsored mortgage

Government mortgages put a limit on the purchase price of a house. Government mortgages take a long time and a lot of paperwork to get approved.

What is one of the non-monetary benefits of attending college

The ability to choose a satisfying job

How can the news media help protect consumers

By investigating and exposing bad products and business practices

How has the Internet helped boycotters

It enables boycotters to organize and publicize their activities more easily.

What does medical coverage on an auto insurance policy cover

Medical bills for yourself and anyone else in your car in case of an accident

How can a renter reduce the amount of money he or she spends on monthly rent

If the owner allows it, try getting a roommate.

If developing countries have weak domestic industries they do not benefit from what

Free-trade policies

What is the purpose of production budget

purpose of production budget

Why do lower labor costs in other countries lead to job loss in the United States

Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.

Because costs and benefits are both subjective a person decision will always be based on what

Personal opinion

Why would you need a credit card if you are not working

you will need a credit card if your not working because you have no money so you use a credit card to borrow money from the bank.The disadvy :(antage of that is that later you have to pay :(

Does homeowners insurance cover your mortgage if you are laid off

No. This is not what homeowners insurance is for. Homeowners insurance is to pay for physical damage to your home and contents.

What is largest difference between developed and developing countries

the level of wealth

What Helps people keep track of the amount of money in the checking account

Checkbook registers (apex)

How does globalization hurt the United States economy

by bringing wage reductions

What is a co-pay

A small payment for a visit to a doctor

Which of the following correctly describes Fascism

you pipi

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