1.plan that earns tax-deferred interest income and has high risk
d. guarantee universal life
2.plan that builds wealth and pays a death benefit
a. term life
3.plan that covers a family while the person is employed
b. index universal life
4.plan that covers someone for his or her life
c. whole life
Answer:
Both statements are true
Explanation:
Due to the worm infestation, there would be a fall in supply of apples, this would lead to a shift of the supply curve to the left
a fall in price in apples, would lead to a movement down along the supply curve.
Only a change in price of a good leads to a movement along the supply curve for the good, other factors lead to a shift of the supply curve
Answer:
The two types of financial institutions—depository and non-depository
The main difference:
Depository institutions earn money from what customers put into the institution.
Non-depository institutions earn a profit from the interest paid on loans made to customers.
Explanation:
The best way to differentiate a depository institution from a non-depository institution is to compare the two terms. Whereas a depository institution is a savings bank, legally allowed to accept monetary deposits from consumers (for example, commercial banks, savings and loan associations, or credit unions), non-depository institutions do not accept monetary deposits from customers (for example insurance companies, pension funds, securities firms, government-sponsored enterprises, and finance companies), but they all render financial services.
The correct answer is D. Land
Explanation:
In economics, land is one main factor of production and includes natural resources that can be used to make products, for example, wood can be used to made furniture or fruits can be used to produce juice, jam, and similar. Also, these resources are classified into renewable and nonrenewable depending on whether they are abundant and replenish in a short time. Oil is considered part of the land factor because this is a non-renewable resource that is used to produce goods such as fuels or plastic. Therefore, if new oil reserves are discovered there is an increase in land supply because more natural resources are available to produce goods.
