What is always a cost when buying insurance? a. premium b. deductible c. co-payment d. payout

Jello!

Premium is a sure cost, which is basically the cost you incurred for buying the insurance. Deductible/ co-pay and payout are incurred ONLY if you visit a doctor. Deductible normally means that up to certain amount, certain service need to be paid by you. Co-Pay is your share of the cost of the service you use and payout may simply mean payment you made out of pocket.

The cost is the premium that you pay.

A.  premium

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi