Investment,as Defined by Economists,would Not Include Which of the Following

question 175

Multiple Choice

Investment,as defined by economists,would not include which of the following? Ford

• A)buys a new robotic machine (from a plant in Ohio)to assemble cars.
• B)adds 1,000 new cars to inventories.
• C)builds another assembly plant in the United States.
• D)buys U.S.government bonds.

Differentiate between wills, trusts, and advance directives, and their functions in estate planning.

Understand the basic principles of insurance, including the transfer of risk and the concept of insurable interest.

Recognize legal and regulatory aspects of insurance, including the distinction between state and federal jurisdiction.

Identify the roles and obligations of the insured and insurer within an insurance contract.

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Definitions:

Egalitarian

Egalitarian refers to a belief in or practice of equal rights and opportunities for all people, opposing hierarchy and inequalities.

Permanent

Describes something that is intended to exist or last indefinitely without change, ending, or expiry.

Extended Family

Expands the nuclear family “vertically” by adding another generation—one or more of the spouses’ parents—to the household.

Same Household

Refers to individuals who reside in the same dwelling, sharing living quarters and daily lives, often related by blood, marriage, or legal ties.