A contract requiring payment of an annual premium in exchange for the payment of a future stream of payments beginning at a specified age and continuing until death is
A) whole life insurance.
B) an annuity.
C) term life insurance.
D) variable life insurance.
E) universal life insurance.
B
You might also like to view...
De Beers accounts for approximately 80% of diamond sales worldwide. The source of its market power is:
A. its patent on diamond production. B. the perfectly inelastic demand for diamonds. C. the engagement customs of couples in Western cultures. D. its exclusive ownership of South African diamond mines.
If population growth occurs while jobs are difficult to obtain or labor force participation does not increase
A) there may be little or no increase in a nation's labor resources. B) per capita GDP is likely to increase sharply. C) economic growth will be robust because any population gain is a plus. D) a nation's labor resources will still continue to increase in both quality and quantity.
________ in the job market trace to training, education, experience, ability, risk of job loss, and risk of injury
a. Racial discrimination b. Wage discrimination c. Geographical discrimination d. Gender discrimination
The government of a country that is experiencing strong currency appreciation might find itself under pressure from some of its own citizens. Who would be likely to be bringing pressure and why?
What will be an ideal response?