Affordability is a benefit of layering term life insurance policies.
Group of answer choices
A. True
B. False
Answer: A. True
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What is economics and what does it try to explain?
What will be an ideal response?
When market conditions in a competitive industry are such that firms cannot cover their total production costs, then
a. the firms will suffer long-run economic losses. b. the firms will suffer short-run economic losses that will be exactly offset by long-run economic profits. c. some firms will exit the market, causing prices to rise until the remaining firms can cover their total production costs. d. all firms will go out of business, since consumers will not pay prices that enable firms to cover their total production costs.
If reserves equal $29 million and vault cash equals $29 million, it follows that
A) bank deposits at the Federal Reserve equal $29 million. B) currency in the hands of the public equals $29 million. C) excess reserves equal $10 million. D) bank deposits at the Federal Reserve equal $0. E) There is not enough information to answer the question.
The Federal Reserve influences the level of interest rates in the short run by changing the:
A. demand for money through open market operations. B. demand for money through changes in reserve requirements. C. supply of money through open market operations. D. supply of money through changes in stock market operations.