What is consumption smoothing? How does insurance help people smooth consumption?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (20 reviews)
Consumption smoothing refers to peoples efforts to have appr...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
How does purchasing car insurance and homeowners insurance help protect and maintain your wealth?
-
How does purchasing sufficient health insurance and disability insurance help protect and maintain your wealth?
-
How does unemployment insurance help reverse the downward spiral of unemployment? Why is unemployment insurance called an automatic stabilizer?
-
(A) If the percent yield for the formation of urea in Example 4-13 were 87.5%, what mass of CO 2 , together with an excess of NH 3 would have to be used to obtain 50.0 g CO(NH 2 ) 2 ? (B) Calculate...
-
Think about organizations in which you have worked, for whom you worked as consultants, or with which you are familiar. What barriers to the implementation of recommendations did you encounter? How...
-
Figure from Example 5 shows a graph of three different confidence intervals. Use the continue levels of smokers listed in Data Set 9 from Appendix B and construct the 95% confidence interval estimate...
-
The 2015 annual report of Bristol-Myers Squibb (BMS) discloses the following amounts included within other (income)/expense on its consolidated statement of earnings: Assume that on the companys...
-
Mary Kelly is a scholarship soccer player at State University. During the summer, she works at a youth all-sports camp that several of the university's coaches operate. The sports camp runs for 8...
-
Champ X Inc . is concerned that its subsidiary in Russia could be expropriated (seized) by the host government without compensation within the next few years. The type of risk Champ X Inc. faces with...
-
Jamie Lee Jackson, age 26, is in her last semester of college and is anxiously waiting for graduation day that is just around the corner! She still works part-time as a bakery clerk, has been...
-
A number of Web sites, such as www.quickquote.com, offer instant quotes for term life insurance. Use one such Web site to compare the prices of $1 million 10-year term life policies for 50-year-old...
-
Suppose that you have a job paying $50,000 per year. With a 5% probability, next year your wage will be reduced to $20,000 for the year. a. What is your expected income next year? b. Suppose that you...
-
Data for Barry Computer Company and its industry averages follow. a. Calculate the indicated ratios for Barry. b. Construct the extended Du Pont equation for both Barry and the industry. c. Outline...
-
Explain what is the absorption cost and what is the difference between the variable cost 1.Define the concepts 2.What is your purpose? 3.What are its advantages and disadvantages? 4.How are they...
-
Mouse corp. issues $500,000 of 11% bonds that are due in 10 years. These bonds pay interest on a semi- annually basis. At the time of issue, the market rate for such bonds were 10%. Please calculate...
-
(a) Mango Mania's annual demand for mangos, costing $8.00 per kg, is 180,000 kg. Inventory management costs for mangos are as follows: Holding cost: Ordering cost: $1.20 per kg per year $50.00 per...
-
Signature/Benchmark Assignments are. Student Learning Outcomes are broad statements that describe what a student should know and be able to do upon completion the degree. A specific job within a...
-
Variable and fixed overhead are applied based on Direct Labor HoursStandards Material: 2.5 pounds per unit @$4.2 per pound Labor: 2 hours per unit @$9.5 per hour Variable OH: 2 hours per unit @$3...
-
Another grand challenge for engineering is managing the nitrogen cycle. Use the nature of the chemical bond in diatomic nitrogen to explain why any management is needed for this biogeochemical cycle....
-
Quality Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2012 is: Joint cost of production in July 2012 was $50. A...
-
Explain the differences between the two important approaches to mediation, the problem-solving model and the transformative model.
-
Consider the changes over time in the U.S. effective tax rates presented in Table 19-1. How did the total effective tax burden change for the lowest and highest deciles of the population between 1979...
-
Consider the changes over time in the U.S. effective tax rates presented in Table 19-1. How did the total effective tax burden change for the lowest and highest deciles of the population between 1979...
-
Why did Harding et al. (2012), discussed in the text, use changes in state-level tax rates on cigarettes rather than across-state differences in tax rates on cigarettes in their study of the impact...
-
A farmer is concerned that a change in fertilizer to an organic variant might change his crop yield. A slight change in crop yield could have large implications on the profitability of his farm...
-
Question 60 (1 point) Do the pairings in the following chart to indicate the per acre value for the subject? Sale No. Subject A B C D Price/Ac $1,800 $1,600 $2,100 $1,700 Location Paved Dirt Dirt...
-
n the data set below, what is the mean (mc027-1.jpg)? X f 5 4 4 2 3 1 2 1 1 2 Question 29Answer a. 4 b. 3.5 c. 3 d. 2.5
Study smarter with the SolutionInn App