If a life insurance policy develops cash value faster than a seven-pay whole life contract, it becomes a/an (Choose from the following options) 1. Modified endowment contract. 2. Accelerated benefit policy. 3. Endowment. 4. Nonqualified annuity.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.