A trust that is the legal owner of a life insurance policy is
A. a policy holder.
B. an insurance trust.
C. a trust fund.
D. none of these answer options are correct.
B. an insurance trust.
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Use the following graphs to answer the next question.
In the graphs, the numbers in parentheses near the AD1, AD2, and AD3 labels indicate the levels of investment spending associated with each curve. All figures are in billions. What is the desired level of investment spending in this economy if the goal is to achieve a noninflationary, full-employment level of real GDP?
A. $100 billion B. $225 billion C. $150 billion D. $50 billion
John is trying to decide whether to expand his business or not. If he continues his business as it is, with no expansion, there is a 50 percent chance he will earn $100,000 and a 50 percent chance he will earn $300,000. If he does expand, there is a 30 percent chance he will earn $100,000, a 30 percent chance he will earn $300,000 and a 40 percent chance he will earn $500,000. It will cost him $150,000 to expand. The difference in expected earnings if John chooses to expand versus not expand is:
A. $320,000. B. $200,000. C. $150,000. D. $120,000.
In the U.S., some of the most powerful unions:
A. have organized workers across several markets. B. have nearly 100 percent participation of workers. C. existed in the 1940s. D. All of these statements are true.
Based on past experience, if a country is experiencing hyperinflation, then which of the following would be a reasonable guess?
a. The country has high money supply growth. b. Inflation is acting like a tax on everyone who holds money. c. The government is printing money to finance its expenditures. d. All of the above are correct.