If you were an underwriter of personal auto insurance, which of the following underwriting criteria would you most prefer to use because of its incentive value?
A) Gender
B) Age
C) Driving record
D) Health
C
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Under an activist rule,
A. the growth rate of money supply is greater than the inflation rate. B. monetary policy is allowed to change over the course of the business cycle. C. the growth rate of money supply is lower than the inflation rate. D. monetary policy is not changed over the course of the business cycle.
Alan Arnold has just turned 65 . He has $100,000 to invest in a retirement annuity. One investment company has offered to pay Alan $10,000 per year for 15 years (payments to begin in one year) in exchange for an immediate $100,000 payment. If Alan accepts the offer from the investment company, what is his expected return on the $100,000 investment (assume a return that is compounded annually)?
Present value tables or a financial calculator are required. a. between 5 and 6 percent b. between 6 and 7 percent c. between 7 and 8 percent d. between 8 and 9 percent
Cassidy is realizing that her company has new competitors. She is going to have to do something about this. She looks at the organizational design process for help. Which step does she need to complete first?
a. Gathering data b. Understanding the business climate c. Evaluating the design d. Setting the scene
What are three general defenses an employer can raise if sued for violating Title VII of the Civil Rights Act?