Is there anyway that you can type out whatever is in the photo? It will not load
Answer:
Single.
Explanation:
An annuity is a policy insurance where the investment guarantees with a rate of return and it is tax deferred also.
In the context, Y decides to invest the money that he received as inheritance instead of spending it. Thus Y should invest in single premium funding because the single premium would ensure a tax deferred interest in the future.
Answer:
1.Cultural Diffusion
Explanation:
Trade is one of the most powerful societal forces. It promotes economic growth, more peaceful relations, and cultural diffusion.
Trade makes the exchange of goods and services between two different states more common. This means that people from different lands get to know aspects of the culture of other territories. With time, each culture adopts some of the aspects of the foreing cultures, starting a process of cultural diffusion that can be very positive (but also lead to intercultural conflict).