A stock life insurance company is owned and controlled by its
A) partners.
B) managers.
C) stockholders.
D) policyholders.
D
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Decisions to reduce the money supply are made by ________ and are an example of ________ policy.
A. the President; monetary B. the Federal Reserve; fiscal C. Congress; monetary D. the Federal Reserve; monetary
According to the table above, ________ percent of total income is redistributed from the highest income group
A) 4.7 B) 2.3 C) 1.5 D) 3.8
A supply restriction that restricts the amount of a good that can be imported is a(n)
A) price floor. B) price ceiling. C) black market. D) import quota.
The ________ states that the individual, firm, region, or country with the lowest opportunity cost of producing a particular good should specialize in producing that good
a. law of absolute advantage b. law of comparative advantage c. law of diminishing marginal utility d. law of increasing opportunity cost