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Aurelia Stracke

Lvl 10
โˆ™ 2021-11-04 18:34:26
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Cards in this guide (22)
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

What type of policy is a certainty that the insurance company will have to make payment

None.

Why is a checking account more convenient than a savings account

It's easier to spend the money in a checking account.

How can the government promote socially responsible production

By passing environmental-protection regulations

Why does the World Bank charge little or no interest on the loans it makes

Its main purpose is to promote development, not make profits.

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*)

How do people keep track of the amount of money in their checking accounts

checkbook registers

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 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.

Does globalization benefit us

Some people will say it does, and some will say it won't. But really, globalization is different for everyone.

What are the correct steps to show how a budget is made

a

b

d

c

What was the reason for support for the republicans

we dont knw so dont ask

What is example of global business

global business the international certains labor in our industry

What time is Churchill most clearly using

I cannot answer this question.

Match each organization with its correct relationship to the government

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

Match each type of good with the sample good it represents (apex)

Merit good : education

Public good : national security

Individual good : food

Match each type of unfair business practice with its description (apex)

1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.

  1. Price fixing: a group of companies agree that all of them will charge the same price.

3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.

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What is one effect of the profit motive

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

What provides a bank with collateral on a car loan

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

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Loans

27 cards

What is a health insurance deductible

What type of policy is a certainty that the insurance company will have to make payment

What kind of insurance provides replacement value for personal possessions

What can you do in addition to cutting all unnecessary expenses to make sure your expenses don't exceed your income

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What type of policy is a certainty that the insurance company will have to make payment

How can the government promote socially responsible production

Censorship puts a limit on what

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

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Economics

27 cards

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

Why is globalization potentially damaging to the environment

What is the main goal of the WTO

What was the result of developed countries extracting resources from their colonies

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