A defined contribution plan, often known as a cash or deferred arrangement, is a 401(k) plan.
What is a personal 401(k) plan?When you work for yourself or as a partner in a company where the only employees are the partners and their spouses, you can maximize your savings with an individual 401(k), also known as an i401(k).
What is a defined benefit plan in a single 401(k)?A Solo CB can be used in conjunction with a 401(k) Plan or as a standalone retirement plan. There is a compulsory contribution to a Solo CB because it is a defined benefit plan, but the plan also permits sizeable pre-tax retirement plan contributions, especially for business owners over the age of 50.
To know more about contribution plan visit :
https://brainly.com/question/16396530
#SPJ1
kunio puts $2,200.00 into savings bonds that pay a simple interest rate of 2.4%. how much money will the bonds be worth at the end of 4 years?
The bond will reportedly be worth $2411.2 after 4 years, according to the question.
How do bonds work?Governments and corporations issue bonds when they require to raise money. You are effectively borrowing the issuer money when you buy a bond. In return, they promise to pay periodic interest payments—typically twice a year—along the way as well as to reimburse you the full amount of the loan on the specified date.
Briefing-Kunio puts $2200.00 into savings bonds means
P= 2200
pay a simple interest rate of 2.4% means
r= 2.4
t= 4
Formula for Simple interest =P*t*r/100
Simple interest (2200×2.4×4)/100
Simple interest= $211.2
So, A= P+ Simple interest
A= 2200+211.2= 2411.2
Hence bond will be worth $2411.2
To know more about bond visit :
https://brainly.com/question/13131866
#SPJ4
acorn corporation is considering a project with an initial cash outlay of $50,000 and expected after-tax inflows of $20,000, $40,000 and $6,000 over the three-year life of the project, respectively. is 13% the irr of this project?
IRR is $5313.28,IRR is helpful in instances where it is challenging to calculate a discount rate or when evaluating several projects side by side.
IRR is sometimes preferred over NPV, when?IRR is helpful in instances where it is challenging to calculate a discount rate or when evaluating several projects side by side. When there are several discount rates or different future cash flow directions, the NPV is preferable.
IRR can be calculated manually by following these steps: Identify two potential discount rates. Pick two discount rates that you'll employ before you start your calculations. Be sure to figure out the net present values. Using the two values you choose in step one, figure out the net present values based on each estimation. Make an IRR calculation.
Top response, we calculate IRR at NPV=0 as 20000/1.13 + 40000/1.13 + 6000/1.13 = $5313.28.
To learn more about Discount rate refer to:
https://brainly.com/question/13660799
#SPJ4
what type of fund would typically be used to account for a municipal bus operation where users are charged a fee to ride the bus, and the fees collected are used to pay for the daily operation?
The type of fund typically used by a municipal bus operation where users pay a fee to operate the bus and the fees collected are used to pay for the day-to-day operation is a General Fund.
What is a General Fund?
A general fund is a primary fund used by a government agency. This fund is used to record all inflows and outflows of resources that are not related to special funds. The activities funded by the general fund constitute the central administrative and operational tasks of the governing body. Since the majority of all resources go through the general fund, it is vital to keep its expenses in check.
Learn more about General Fund at:
https://brainly.com/question/29621535
#SPJ1
a company buys electronic components, assembles them into pcs, and then ships them to customers. in this case the electronic components are for the company. a.inputs b.processes c.products d.outputs e.services
A business purchases electronic parts put them together into computers, and then sends them to clients. In this instance, the company's inputs are the electronic components.
What is the name of the electronic component?Other names for the same item include an electronic device, a circuit element, or an electronic component. a fundamental component, often a single package with two or more leads or metal contacts, of an electronic circuit
what are the types of electronic components available?Diodes, resistors, transistors, capacitors, inductors, and resistors are some of the components that make it up. The components are linked together using conductive wires or traces. A circuit, however, can only be said to be finished if it forms a loop and begins and ends at the same location.
To know more about electronic components visit:
https://brainly.com/question/21855098?referrer=searchResults
for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as , because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home. a. canada b. england c. australia d. japan
The correct answer is option D that is for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as, Japan.
This was because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home.
A deeper failure to eradicate or even fight a discriminatory culture that makes it practically impossible for women to progress a profession while raising a family is concealed by Japan's narrowly construed success in integrating women into the workforce.
With a bipolarization of working hours among female employees, the gender difference in Japan's workplace is still clearly visible, casting a fresh shadow over the country's economy's faltering expansion. Women are increasingly making up the workforce in Japan as a whole.
To know more about 'Japan' related questions
visit- https://brainly.com/question/13924043
#SPJ4
strategy is an integrated and coordinated set of commitments and actions to develop core competencies and gain a competitive advantage. b. core competencies are resources and capabilities that can be developed through r
The goal of company strategy is to create core skills and acquire a competitive advantage. A coordinated and integrated set of promises and actions is a strategy. If a resource or skill is precious, uncommon, expensive to duplicate, and non-replaceable, it qualifies as a core competency.
What is strategy and example?A company's strategy refers to its long-term goals as well as the strategy it has in place to reach those goals. In other terms, it serves as an example of the plan used to accomplish the stated objective. A tactic is a specific action that is carried out in order to achieve the goals set forth in the strategy. All common elements of strategy include establishing objectives and goals, selecting actions to achieve the goals, then allocating to carry out the tasks.
Why is strategy very important?Our business's purpose is defined and given a set of values by our strategy. It facilitates our comprehension of what true success implies. It offers a route for our company, outlines our destination, and recommends helpful rest stops along the way. The secret to determining the most crucial components of a strategic plan is to select goals and objectives that maximize your potential while minimizing resource usage and risk.
To know more about Strategy visit:
https://brainly.com/question/15860574
#SPJ4
if the fed wants to control inflation, it will try to get the supply of credit to fall and increase its cost by implementing what type of policy?
To combat inflation, the central bank's one main instrument is raising interest rates, which it does by increasing the cost of borrowing money in order to reduce demand for goods and services. The success or failure of the Fed's actions won't be known to economists for some time.
What are the techniques for reducing inflation?
Controlling the amount of money in the economy is an important monetary approach to combat inflation. The demand for things will decline and prices will fall if the money supply declines. When the government removes particular coins or paper money from circulation, this is another technique to reduce the amount of money in circulation.
How does the Fed control the money supply and inflation?
The Fed can influence the money supply by modifying reserve requirements, which generally refers to the amount of funds banks must hold against deposits in bank accounts. By lowering the reserve requirements, banks are able to loan more money, which increases the overall supply of money in the economy.
To know more about techniques visit;
https://brainly.com/question/17130704
#SPJ4
what is (at least) one way we could improve financial education in the us to help solve the financial capability issues?
Financial education in the us to help solve Start a budget, Understand your credit score, Schedule some time to learn.
what is Schedule?
To describe the time or manner in which something is planned to be completed. For instance, if something is finished on time, it is finished at the appointed hour.Two minutes earlier than expected, the plane touched down in Johannesburg. Everything proceeded as planned.Making a schedule keeps you on track to reach your objectives and encourages you to consider what you want to do each day, each week, and each month.Serial Timetable: A sort of schedule known as a serial schedule requires that one transaction be finished before beginning another. Non-serial Calendar: Multiple transactions run concurrently or simultaneously on a non-serial schedule.To learn more about Schedule refer to
https://brainly.com/question/25802666
#SPJ4
which of the following is not an argument made by critics of advertising? a. advertising impedes competition. b. advertising manipulates people's tastes. c. advertising increases the perception of product differentiation. d. advertising promotes economies of scale.
The effective use of these strategies depends on the recipient's state of mind, the position of the brand in the market, the type of information available, and the advertising context.
What are the arguments for advertising?The five main categories of arguments are framing, rhetorical, innoculative, comparison, and supportive. These tactics' efficacy depends on the recipient's mindset, the brand's position in the market, the sort of information accessible, and the advertising context.Many people criticise advertising because it frequently persuades individuals to buy things they don't need and makes deceptive claims about products.An advertisement critique essay's goal is to study and evaluate a certain advertisement. Because they need to have an introduction, multiple body paragraphs, and a conclusion, advertisement critique essays are relatively comparable to other types of essays.To learn more about advertising refer to:
https://brainly.com/question/16970709
#SPJ4
which of the following firms has the least incentive to advertise? a. a wholesaler of crude oil b. a restaurant c. a manufacturer of home heating and air conditioning d. a manufacturer of breakfast cereal
The following firms has the least incentive to advertise is a wholesaler of crude oil.
The process of drawing attention to a good or service via the use of advertising strategies. A product or service is highlighted in advertising in the hopes that customers would get interested in it. However, there are a variety of purposes, with commercial advertising being the most popular. It is often used to promote a certain commodity or service.
Commercial advertising sometimes aims to boost the consumption of their goods or services by "branding," which links a product name or image with specific traits in the minds of consumers. Direct-response advertising, in contrast, refers to advertisements that aim to prompt a quick sale.
Hence the correct option is A
To know more about Advertise here
https://brainly.com/question/3463451
#SPJ4
Which of the following is not a non-tariff barrier?
a. voluntary export restraint
b. health and product standards
c. enviromental protection law
d. ad-valorem duties
The one that is not a non-tariff barrier is option D. ad-valorem duties
What is a tariff barriers?Tariff barriers refers to a barrier to trade between particular countries or specific areas involving nations which occurs in the form of abnormally excessive taxes levied by a government on imports or occasionally exports for purposes of protection, support of the balance of payments, or the raising of revenue.
Tariff barriers is also considered to be several tariffs or duties imposed on foreign trade transactions to impose trade restrictions. From the available options, ad-valorem duty is tariff barrier, while the others are non-tariff barriers to trade.
Ad-valorem duty is imposed on import goods as percentage of the total value of goods imported.
Therefore, the correct answer is as given above
learn more about Ad-valorem duty: https://brainly.com/question/11704147
#SPJ1
A financial statement that reports assets, liabilities, and owner’s equity on a specific date is called: _______
The term "balance sheet" refers to a financial statement that lists assets, liabilities, and owner's equity as of a certain date.
Why is money significant?The majority of financial research focuses on issues relating to money. To everyone or any business, it is a crucial element. It is crucial to a business since all companies need to make money to survive. Because of this, it is thought of as a specialized business in need of trained personnel.
What is fundamental financial understanding?This information aids in risk management and preserving the stability of the financial system. Accounts, mobile and internet banking, debit and credit cards, checks, PAN cards, ATM awareness, loans, investments, insurance, and taxes are covered in the financial fundamentals.
To know more about financial visit:
https://brainly.com/question/29641948
#SPJ4
cross-border acquisitions are critical to u.s. firms competing internationally: a. if they are to develop differentiated products for markets served. b. if they wish to overcome entry barriers to international markets. c. where consolidated operations are beneficial. d. when market share growth is the focus.
Cross-border acquisitions are critical to US firms competing internationally: a. if they are to develop differentiated products for markets served (B) if they wish to overcome entry barriers international markets.
Why- For US firms who go in for cross border acquisitions, find such acquisition a relatively better prospect to overcome entry barriers in international markets. These acquisition offsets the political, regulatory and operational environment concerns for US firms who leverage the existing clout and capacities of acquired local business to further their product’s entry and share in international markets.
If they are to develop differentiated products for markets served- Differentiated products are easy to develop when a firm is in existence and competing in a international market. Thus first access to international market is necessary and then product differentiation will follow.
Where consolidated operations are beneficial - Before consolidating operations in international market, entry is required
For more information on differentiated products visit:
https://brainly.com/question/8107956
#SPJ4
What Is An Example Of Opportunity Cost In Your Life?
mystic laboratories reported total assets of $10,500,000 and noncurrent assets of $2,167,000. the company also reported a current ratio of 1.3. what amount of current liabilities did the company report?
Current Liabilites = $2,777,667
What is Liability?
A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic advantages like money, products, or services, liabilities are eventually satisfied.
Total assets of $10,500,000
Less: Noncurrent assets $2,167,000
Current Assets = $8,333,000
Current ratio of 1.3 = Current Assets / Current Liablities
Current Liabilites = 8,333,000 / 1.3
= $2,777,667
To know more about Liability checkout https://brainly.com/question/18484315
#SPJ4
if at the end of the first year the yield curve flattens out to 8%, what will the 1-year holding-period return on the coupon bond?
If at the end of the first year the yield curve flattens out to 8%, then 1-year holding-period return on the coupon bond will be 5.16%.
A coupon is the interest payment a bondholder receives from the bond's issuing date to its maturity date. Ordinarily, the "coupon rate," which is determined by summing the total annual coupon payments and dividing the result by the bond's face value, is used to characterise coupons.
The name "coupon" derives from the fact that previously, bonds were issued as bearer certificates. The certificate itself served as confirmation of ownership. A talon, which could be removed from the certificate and delivered in return for a block of additional coupons, was frequently also included.
To know more about Coupon bond here-
https://brainly.com/question/22504216
#SPJ4
automatic stabilizers lead to changes in taxation and government spending as economic output varies. how do automatic stabilizers impact tax revenue and government spending during a recession? tax revenue will decrease and government spending will go up. suppose that the government is required to balance the budget. which is an appropriate discretionary approach during a recession, and what effect would it have to the economy? cut taxes to encourage consumer spending, which would minimize the effects of the recession. invest in public infrastructure that promotes employment and stimulates the economy. cut government spending to equal tax revenue, possibly magnifying the effects of a recession. increase government spending to stimulate the economy, causing an increase in overall aggregate demand.
Automatic stabilizers are mechanisms in the economy that automatically adjust fiscal policy (taxation and government spending) in response to changes in economic output.
During a recession, when economic output decreases, automatic stabilizers lead to a decrease in tax revenue and an increase in government spending.
The first option you provided, "cut taxes to encourage consumer spending, which would minimize the effects of the recession," is an example of discretionary fiscal policy, which refers to conscious decisions made by the government to alter fiscal policy in order to influence economic activity.
The second option you provided, "invest in public infrastructure that promotes employment and stimulates the economy," is also an example of discretionary fiscal policy.
The third option you provided, "cut government spending to equal tax revenue, possibly magnifying the effects of a recession," is not an appropriate discretionary approach during a recession, as it could potentially magnify the negative effects of the recession by reducing overall aggregate demand.
The fourth option you provided, "increase government spending to stimulate the economy, causing an increase in overall aggregate demand," is an appropriate discretionary approach during a recession, as it can help to stimulate the economy by increasing overall aggregate demand and potentially offsetting the negative effects of the recession.
Learn more about Automatic stabilizers here:
https://brainly.com/question/25558588
#SPJ4
which definition describes the portuguese caravel? a navigational aid a three-masted sailing ship a kind of cannon a trade agreement
The Portuguese utilized the caravel, a tiny, nimble sailing vessel, to explore the Atlantic Ocean and the coast of West Africa in the 15th century.
What is an example of a trade agreement?
The North American Free Trade Agreement (NAFTA), Central American Free Trade Agreement (CAFTA-DR), European Union (EU), and Asia-Pacific Economic Cooperation are a few examples of regional trade accords (APEC).
What does a trade deal serve?
A free trade agreement is a deal reached between two or more countries to lower import and export restrictions. Under a free trade policy, there are little to no government tariffs, quotas, subsidies, or bans that prevent the exchange of products and services across borders.
To know more about trade agreement visit:
https://brainly.com/question/4558120
#SPJ4
what is the future value of $5,300 deposited today and kept in an account for 30 years earning 11% per year?
Answer:
you multiply 5300 by 111 and divide by 100 . the answer is 5883.Subtract 5300 from it and multiply by 30.Add it to 5300.
which of the following factors is not expected to generally have a favorable impact on the firm's cost of capital according to the text? a. easy access to international capital markets. b. high degree of international diversification. c. high exposure to exchange rate fluctuations. d. all of the above
According to the text, part of image to exchange rate swings is not anticipated to typically have a positive effect on the firm's capital cost.
What exactly is a market, then?The entire number of buyers and sellers there in area or region under consideration is referred to as the market. The region might be the whole world, a nation, a state, or a city. The value, cost, and charge of traded goods depend on the market's supply and demand dynamics.
So what were the 4 different market types?The four types of economic market structures are oligopoly, monopoly, perfect competition, and antitrust law. The followings explain why the categories are distinctive: In a situation of perfect and monopolistic competition, there are several producers.
To know more about Markets visit:
https://brainly.com/question/14418904
#SPJ4
consider the interaction between labor and capital within the production process and answer the following questions. how do economists refer to the amount of capital employed per worker?
Because workers would be more productive, wages would increase. The amount of capital used per worker is described by economists as the interaction between labor and capital during the production process.
Who is referred to as an economist?An economist is someone who researches human decision-making processes and is enthusiastic about using statistics to increase revenue, improve governmental policies, or conduct research.
Do economists earn a good living?According to the BLS, the average yearly compensation for an economist is $116,020, which is more than double the average yearly wage for all occupations, $51,960. However, depending on the state you're in, the typical economist income can vary greatly from this.
To know more about production visit :-
https://brainly.com/question/28813267
#SPJ4
When choosing a marketing channel or intermediary. It is important to ask several key questions, including which of these?
a. Who is responsible for negotiating the channel or intermediary contracts?
b. How many of the firm's competitors will be using the same channel?
c. Which channel and intermediaries we best stay the grequirements of the target market?
When choosing a marketing channel or intermediary, many key questions should be asked, including "which channel and intermediaries will best meet the requirements of the target market?". The correct answer is C.
In selecting a marketing channel and intermediaries, marketing professionals take into account three considerations:
Which will effectively reach the target market?Which will fully satisfy the requirements or the purchasing needs of the target market?Which are going to be most profitable?Learn more about marketing channels here: brainly.com/question/29480192
#SPJ4
fetzer company declared a $0.15 per share cash dividend. the company has 320,000 shares authorized, 304,000 shares issued, and 12,800 shares in treasury stock. the journal entry to record the payment of the dividend is:
Debit Common Dividend Payable - $43,680; credit Cash $43,680.
Since stated payments to shareholders are often made within a year, Dividends Payable are categorised as a current obligation on the balance sheet.
Retained earnings are the cumulative gains that are kept by a firm rather than distributed to shareholders and are used to pay cash dividends.
The correct journal entry would thus be a debit to the retained profits account following the declaration and a credit of the same amount to the dividends payable account.
A corporation's payout of earnings to its shareholders is known as a dividend. A corporation is allowed to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus.
To know more about Dividends visit:
https://brainly.com/question/30064526
#SPJ4
an activity ratio that measures how many times the inventory is turned over to meet the total sales figure is called the inventory turnover. a. true b. false
Inventory turnover True is an activity ratio that gauges how frequently inventory is changed to match overall sales volume.
What is the inventory turnover ratio quillet's formula?Measures the frequency with which inventory is purchased, sold, or used over a time period; represented as: Cost of Goods Sold divided by Average Inventory equals Inventory Turnover.
What class of ratios gauges a company's capacity to fulfill its immediate obligations?The ability of a company to satisfy its short-term financial obligations is revealed by liquidity ratios. They are especially valuable to those providing the company with short-term loans. The current ratio (also known as the working capital ratio) and the quick ratio are two commonly utilized liquidity ratios.
To Know more about sales volume.
https://brainly.com/question/15375944
#SPJ4
which of the following is a complex sentence? question 41 options: a) visit our website to learn more about our newest product line. b) the conference will be held on monday, but few managers will be able to attend. c) employers are now using social media sites to screen applicants; therefore, job seekers are advised to clean up their digital presence. d) because of rising insurance premiums, many companies are offering employee-wellness incentives.
Option D) Numerous businesses are providing incentives for employee wellness due to growing insurance prices. In the available possibilities, it is a difficult sentence.
What terms are used in complicated sentences?A complicated phrase is created by linking one or more dependent subordinate clauses to the independent main clause using relative pronouns and/or conjunctions. Short phrases make up a clause. Simple sentences have one clause alone.
What is the number of difficult sentences?Three categories of complicated sentences exist: Adverbial phrases: These serve as adverbs and can indicate a variety of connections between the sentence's components. Noun phrases Since they serve as nouns, they can serve as subjects or objects in sentences.
To know more about sentence visit :-
https://brainly.com/question/18728726
#SPJ4
huan zhang bought a 10-year bond that pays 8.25 percent semiannually for $911.10. what is the yield to maturity on this bond? (round your percentage answer to two d.p.)
Huan Zhang invested $911.10 on a 10-year bond with a semi-annual interest rate of 8.25 percent. This bond has a 9.66% yield until maturity.
What is annual interest rate?The percentage amount you typically see first when comparing financial products is the annual interest rate, also known as the standard annual interest rate or base rate. It's the base rate of interest you'll pay on a loan or earn on a savings account, excluding compounding and other costs. The annual interest generated by a payment due to investors or assessed to borrowers is referred to as the annual percentage rate (APR).The annual percentage rate, or APR, is a measure of the real cost of borrowing money over the course of a loan or the income generated by an investment.The amount charged over the principal amount by the lender is the rate of interest for business loans. These rates range from 11.25% to 33.75% annually.Therefore, the correct option is b) 9.66%
The complete question is:
Huan Zhang bought a 10-year bond that pays 8.25 percent semiannually for $911.10. What is the yield to maturity on this bond? ( Round your percentage answer to two decimal places.)
a. 8.68%
b. 9.66%
c. 10.67%
d. 7.60%
To learn more about annual interest rate, refer to:
https://brainly.com/question/28752423
#SPJ4
The goal of federal reserve monetary policy is to affect the level of competition in the u.s.
a. True
b. False
Yes, the purpose of the financial coverage of the Federal Reserve is to influence the extent of opposition withinside the United States. It's true.
The Federal Reserve Act states that the Federal Reserve is answerable for sporting out financial coverage "with a view to efficaciously acquire the desires of most employment, solid prices. An economy wherein folks who need to paintings both have a task or are probably to discover one pretty quickly, in addition to one wherein the fee level (which refers to a extensive degree of the fee of products and offerings bought through consumers) is solid.
Create the situations vital for hobby quotes to stabilize at slight levels. Decisions approximately financial coverage are made at Federal Open Market Committee meetings (FOMC). The FOMC consists of the president of the Federal Reserve Bank of New York, the participants of the Board of Governors, and 4 of the opposite 11 Reserve Bank presidents, who're every elected to one-yr terms.
Learn more about federal reserve visit: brainly.com/question/28826523
#SPJ4
What revenue stream can run into the billions of dollars for some professional sports teams?
Due to the high demand for sponsorships, sports and entertainment companies have unlimited control and can maximize the value of a sponsor by making repeated offers to increase the price.
What is sport? What purpose does it serve?Sports teach people the following things: Working as a team to accomplish a common goal while putting aside personal interests is known as teamwork. Leadership potential Orient several people with diverse backgrounds toward a common goal or objective. A strong leader encourages others to assume leadership positions.Due to the high demand for sponsorships, businesses in the sports and entertainment sectors have complete control and can increase the value of a sponsor by making repeated offers to increase the price.To learn more about Sports refer,
https://brainly.com/question/29981552
#SPJ4
a car is purchased for . after each year, the resale value decreases by . what will the resale value be after years? use the calculator provided and round your answer to the nearest dollar.
A car is purchased for . after each year, the resale value decreases by, 24,000 in lost value making the car's value zero .
If it lost 20% of its value in the first year, it would have lost 100% of its value by the fifth year, making it worthless.
In the first year, 20/100*24000 equals $4,800.
The value will be after the first year.
Consequently, the value will be in five years.
4800*5= $24,000 in lost value making the car's value zero .
In an effort to shop more responsibly and find a new home for the things in their closet that they no longer want, consumers are turning more and more to secondhand and antique clothing, which has led to a huge rise in the demand of resale in recent years.
Your minor purchases from resale shops, such as a pair of jeans or a formal dress, have a significant influence on the environment. Buying used clothing enables you to carry on the memories of the deceased through your choices.
To know more about Resale value visit :
https://brainly.com/question/13829134
#SPJ4
The correct question is :
A car is purchased for $24,000 . After each year, the resale value decreases by 20% . What will the resale value be after 5 years? Use the calculator provided and round your answer to the nearest dollar.
in 2007, about how many percent of people with private health insurance in the u.s. received it as an employer-provided benefit?
In 2007, the percentage of people with private health insurance in the Unite States, that received it as an employer-provided benefit is
88 percentWhat is private health insurance?As contrast to government-run insurance programs, private health insurance refers to health insurance policies promoted by the private health insurance business.
Approximately half of Americans currently have access to private health insurance. Employer-sponsored health insurance includes these plans.
Private health insurance is heavily regulated both at the state and federal levels even though it is not managed by the government. What healthcare services must be covered by group and individual health plans is frequently addressed by regulations and laws.
Learn more on private health insurance at:
https://brainly.com/question/4847489
#SPJ1
