If Your Car Is Damaged in a Collision That Is

question 46

Multiple Choice

If your car is damaged in a collision that is your fault, the PAP says:

• A) it is up to the insurer to have it fixed
• B) you must protect it from further damage
• C) all you have to do is notify the insurer and the insurer does the rest
• D) the insurer's obligation is always to replace the car

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Definitions:

Fiscal Policy

The employment of expenditure and tax policies by a government to affect economic conditions.

Government Spending

Expenditures made by the government sector on goods and services, including salaries of public servants, public investments, and social security benefits.

Aggregate Demand

The collective requirement for goods and services in an economy, determined at a particular price point over a defined period.

Taxes

Compulsory contributions to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.