Universal life insurance was created in response to
A) the popularity of whole life insurance.
B) the popularity of variable life insurance.
C) high interest rates.
D) deregulation of banking.
C
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Eliminating double-taxation would likely
a. raise saving and primarily benefit people with lower incomes. b. raise saving but primarily benefit people with higher incomes. c. reduce saving but primarily benefit people with lower incomes. d. reduce saving and primarily benefit people with higher income.
In early 2005, inflation increased unexpectedly due to an increase oil prices. This helped
A. workers. B. borrowers. C. lenders. D. people on fixed incomes.
Labor productivity will decrease if a firm
A. boosts employee morale. B. holds excess labor. C. pays efficiency wages. D. improves employee benefits.
An increase in ________ will cause the ________ to fall by a larger percentage if firms aren't holding excess labor.
A. output; inflation rate B. inflation rate; GDP C. output; unemployment rate D. unemployment rate; GDP