Bill Bernstein's group medical insurance coverage costs $5,480 a year. The company pays 65 percent of the cost. How much is deducted each month from his paycheck for medical insurance?
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- In class we discussed the "Assumption of Risk' doctrine. It can be argued that this doctrine promotes economic efficiency because it requires businesses to assume the risk of operating it allows people to engage in activities that would otherwise be too risky for businesses to offer O it assumes that the marginal benefit of the risk is equal to the marginal cost of the risk it requires businesses to assume the cost of injuriesA mortgage loan in which a large portion of the borrowed principal is repaid at the and of the loan period is known as at A) FHA mortgage. B) balloon mortgage. C) qualified mortgage. D) deferred-payment mortgage.Insurance is a way to decrease the financial risk from unexpected events, like an illness, car accident, fire, or injury. However, premiums must be paid for insurance coverage. What are some of the ways that a recent high school graduate can decrease the premiums they pay for insurance?
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