-Refer to the Above Diagram

question 165

Multiple Choice

-Refer to the above diagram.Automatic stability in this economy could be decreased by:

• A) shifting the government expenditure line upward but parallel to its current position.
• B) changing the tax system so that the tax line is shifted upward but parallel to its present position.
• C) changing the government expenditures line so that it has a negative slope.
• D) changing the tax system so that the tax line has a flatter slope.

Understand the concept of liability in both property and personal contexts within insurance policies.

Recognize the importance and impact of demographic and situational factors in determining insurance rates and coverage.

Understand different types of personal risks and their implications.

Identify and calculate the impact of insurance deductibles on claims.

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Definitions:

Responsive

Being quick to react or respond positively or effectively to suggestions, requests, or changes.

Company's Needs

The requirements or demands of a business that must be met to achieve its objectives, including resources, workforce skills, and infrastructure.

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work.

Job Enrichment

A method of motivating employees by enhancing the quality of their job roles with more challenging and meaningful tasks, leading to higher job satisfaction.