45. Under the claim expenses additional coverage provision, which of the following would be covered as reasonable expenses incurred by an insured, at the insurer's request? (Search Chapter 10) a. An unemployed insured's income b. Income from a sales bonus that would have been granted but was lost due to the claim c. Income that would have been earned as a perfect attendance monetary award d. Loss of actual earnings up to $250 per day
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Akash M.
Suppose a project will require 2000 local labor hours at the construction stage. Assume it can hire 40% of labor who would otherwise be unemployed and 60% of labor will be sourced from elsewhere in the economy. The market wage of labor is $45 per hour while the leisure time for unemployed labor is measured at $20 per hour. Match the following values you would use in the CBA: Total labor cost (market price) Total labor cost (shadow price) Total net employment Total opportunity cost of labor
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