The policy at which the cash value will grow at the fastest rate is 20-Pay Life Policy.
A 20-Pay Life Policy is designed for people who are looking for limited level premiums with cash value growth and also permanent death benefit protection. So, a person pay 20-level annual premiums, but the death benefit is guaranteed for them for a lifetime lifetime.
The life insurance company generally invests the premium payment in a conservative yield investment. Thus, so when you continue to pay premiums on the policy and earn more interest, your cash value will grow over the years.
Hence, so after the 20-year term ends, you can either let your policy expire or can renew it.
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Answer:
True
Explanation:
The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.
Nations specialize according to their comparative advantage get benefited outside its PPC.
Specialization based on comparative advantage leads to more effective use of global resources. Both countries will have access to larger quantities of both goods.
Also foreign commerce stimulates the production of various commodities in different nations and leads to specializations.
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<span>Employers that are able to target their benefit package to attract and keep the retirement and health care continue to attract and retain employees. In addition the compensation package is a major factor in retaining skilled workers include the salary, other benefits, location, opportunities for career advancement the job, reputation of the organization and other similar factors plays an important role of the labor.</span>
Answer:
C. If nominal GDP rises but real GDP remains unchanged, it must be that production has increased.
Explanation:
The CPI and the GDP price index and implicit price deflator are alternative measures of inflation in the U.S. economy. The choice of which one to use in a given scenario likely depends on the set of goods and services in which one is interested as a measure of price change. The CPI measures price change from the perspective of an urban consumer and thus pertains to goods and services purchased out of pocket by urban consumers. The GDP price index and implicit price deflator measure price change from the perspective of domestic production of goods and services and thus pertain to goods and services purchased by consumers, businesses, government, and foreigners, but not importers. In addition, the formulas used to calculate these two measures differ.