Which of the following types of insurance is considered essential for people of any age?
A) auto insurance
B) homeowner's insurance
C) health insurance
D) term insurance
E) variable life insurance
Answer: C
Explanation: C) Even for young, healthy people, one clumsy slip that results in a broken leg can cost thousands of dollars in medical bills. Surprise medical bills can significantly impact a person's financial well-being. Health insurance protects against these losses.
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A) production B) promotion C) pricing D) press E) placement
Needs that customers have not yet experienced are
A. unarticulated. B. meaningful. C. clear. D. expected. E. distinct.
In an efficient market, two investors may agree on the amount and timing of a bond's expected cash
flows and also on the bond's risk level, as measured by its debt rating, and still determine two different values for the bond. Indicate whether the statement is true or false
A labor-intensive technology is one in which people must do most of the work.
Answer the following statement true (T) or false (F)