. Question #15: Eva has a group disability policy at work that has the following benefit
amounts mentioned:
All sources maximum: 85% of the employee's net income
Maximum overall: $3,000 per month
Non-evidence maximum: 60% of employee's gross income
The policy also has a group offset amendment that offsets 100% of the benefits received
from Canada Pension Plan (CPP) and Workers' Compensation.
Eva makes a gross income of $4,000 per month and her net income is $3,200 per month
She is covered up to the non-evidence maximum amount. She has been diagnosed with
carpal tunnel syndrome and applied to CPP for benefits. After reviewing her case and
following the CPP benefit waiting period, she began receiving $650 per month from CPP.
How much will her policy pay her under these circumstances?
A $2,400
B. $2,070
C. $1,750
D. $1,500

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

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