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Robby is 11 months old and has begun making speech sounds like "baba" and "momo." On the other hand,16-month-old Rebecca can produce two-word sentences like "Daddy eat" and "Mama give." Robby's speech is ________,whereas Rebecca's speech is ________.
Pension Payments
Regular payments made to retirees or their beneficiaries from a pension fund.
Actuarial Assumed Rate
The interest rate that an actuary determines to calculate the present value of future pension benefits or contributions.
Risk Averse
A description of an investor's preference for lower risk investments, often characterized by a willingness to accept lower returns in exchange for reduced risk.
Empirical Evidence
Information derived from observation or experimentation that serves as the basis for knowledge or theory.
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