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Apartments and Home Rentals

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Pansy Bednar

Lvl 10
โˆ™ 2021-11-03 18:34:31
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Cards in this guide (24)
What type of policy is a certainty that the insurance company will have to make payment

None.

How can the government promote socially responsible production

By passing environmental-protection regulations

Why do central banks play an important role in the global economy

Central banks control the foreign currency reserves that are used for international trade.
They also set each country's monetary policies.

How does the WTO help stabilize the global economy

By assuring that producers will have open access to necessary resources

In order for a country to specialize its production what must there be

There must be an international division of labor for a country to specialize its production.

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 describes how a fixed-rate mortgage works

The monthly payment on a fixed-rate mortgage never changes.

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

The ability to choose a satisfying job

How do flexible expenses differ from fixed expenses

Flexible expenses vary over time.

Why do globalization and increasing interdependence pose risks to the global economy

Disruptions in one place have effects else where.

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

When you rent an apartment you make a monthly payment to whom

A landlord

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

Free-trade policies

What can help reduce the total cost of living in an apartment

Finding a roommate

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

Personal opinion

How were slaves affected by the new republic

Some northern states made slavery against the law.

What does absolute advantage have to do with making economic choices

Think that you're country A, wanting to buy pen and paper.

Country B produces 1 million pen and 1 BILLION paper

Country C produces 1 BILLION pen and 1 million paper

Or, country B has the absolute advantage over production of paper while

country C has the absolute advantage over production of pen.

Coming back our theory of economy of scale, we know that to a certain point, increased production would lead to lower average cost and thus, lower price.

This would mean that paper from country B is cheaper than country C whereas pen from country C is cheaper than country B.

Therefore, you would choose to trade paper with country B while trading pen with country C.

And this is why it is important to making economic choices.

What was the reason for support for the republicans

we dont knw so dont ask

Which of these is a good method of increasing income so that it covers all expenses in a budget

Getting another job or working overtime

Which of the following are not expenses that apartment dwellers have to pay

The mortgage

Whats the difference between buying a car with a loan and leasing a car

When you have paid off the loan the car becomes yours.

When leasing a car it never becomes yours.

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

Checkbook registers (apex)

What is a co-pay

A small payment for a visit to a doctor

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