The key factor causing life insurance companies to move into the management of pension funds was
A) the investment expertise of insurance companies.
B) a request for this change by managers of pension funds.
C) a change in state laws.
D) a change in federal legislation in 1974 to encourage pension funds to turn fund management over to life insurance companies.
D
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Refer to Figure 4-2. What area represents producer surplus at a price of P2?
A) A + B B) B + D C) A + B + C + D + E D) A + B + C
Refer to the graph shown.
Marginal product is negative at point:
A. A. B. B. C. C. D. D.
Comparable worth laws:
A. may correct institutional biases in the labor market. B. always distort market outcomes because they interfere with the price mechanism. C. are necessary even when wages are completely determined by the interaction of labor supply and labor demand. D. are necessary even when institutional biases do not exist.
Non-depository institutions would include all of the following except:
A. credit unions. B. pension funds. C. insurance companies. D. finance companies.