A type of life insurance with separate pure-insurance and savings components is

A) whole life insurance.
B) universal life insurance.
C) term life insurance.
D) group life insurance.


B

Economics

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If you sell twenty-five $100,000 futures contracts to hedge holdings of a Treasury security, the value of the Treasury securities you are holding is

A) $250,000. B) $1,000,000. C) $2,500,000. D) $5,000,000.

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If the quantity demanded of product S increases as the price of product T decreases, then S and T are complements

a. True b. False Indicate whether the statement is true or false

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If two goods are strong substitutes, cross elasticity is

a. negative b. positive c. between zero and one d. zero e. one

Economics