You Are Not at Fault in a Car Accident That

question 87

Multiple Choice

You are not at fault in a car accident that causes you total damages for injuries and lost employment in the amount of $550 000.If you have under insured motorist coverage and the other driver who is at fault has coverage for $500 000,what will you be able to claim?

• A)The other driver's insurance company will pay $550 000.
• B)Your auto insurance company will cover $550 000.
• C)The other driver's insurance company will pay $500 000 and your health coverage will pay $50000
• D)The other driver's insurance company will pay $500 000 and your auto insurance will pay $50000

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Definitions:

Fiscal Policy

The use of government spending and taxation to influence the economy, including efforts to adjust the level of aggregate demand through public expenditure and taxation rates.

National Debt

The full amount of capital that a country's political authority has borrowed through a range of means.

Economic Growth

An increase in the production of goods and services in an economy over a period, often measured by GDP growth.

Budget Deficits

The situation that occurs when a government spends more money than it receives in revenue over a specific period of time.