Answer: Joint and Last Survivor Annuity
Explanation:
An annuity is a form of regular payment made by an insurance company to an individual with their coverage, starting from a specific time(could be retirement) to end at a specific time(death of the client).
A joint and last survivor annuity is a form of annuity, where a spouse is paid even after the death of the other spouse receiving the annuity initially.
Answer:
A) state regulations are not always consistent.
Explanation:
The only consistent regulations in the country are those imposed by the federal government since they apply to the whole country. Many times state regulations are not consistent with federal standards or regulations. Something that might be considered OK in certain states may not be considered proper in other states.
Answer:
a decrease in the currency-deposit ratio causes the M1 money multiplier to <u>DECREASE</u> and the money supply to <u>DECREASE</u>.
Explanation:
The currency-deposit ratio measures how much currency the banks' clients hold in the banks. A decrease in the currency-deposit ratio will always decrease the money multiplier because banks will hold less money. Inversely, an increase in the currency-deposit ratio will increase the money multiplier.
Banks "create" money when they receive deposits and then lend them to other clients, but if the amount of deposits decreases, the bank's money creating capacity decreases.
When there is a decrease in supply, it would be reflected by a change from Curve A to Curve C.
<h3>How are supply decreases reflected?</h3>
When supply decreases, it leads to the supply curve shifting to the left to show that there is a lesser quantity available.
In the graph therefore, a decrease in supply would be shown as a shift from Curve A to Curve C or Curve B to Curve A.
Find out more on decreases in supply at
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Answer:
Explanation:
He should work with the 50,000 hours estimate instead of the 40,000 in order to avoid shortage of funds during the business year