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Questions Refer to the Passage Below

question 77

Multiple Choice

Questions refer to the passage below.
"The state of monarchy is the supremest thing upon earth. For kings are not only God's lieutenants upon earth, and sit upon God's throne, but even by God himself they are called gods. There be three principal similitudes that illustrate the state of monarchy. One taken out of the word of God, and the two other out of the grounds of policy and philosophy. In the Scriptures kings are called gods, and so their power after a certain relation compared to the divine power. Kings are also compared to fathers of families, for a king is truly parens patriae, the politic father of his people. And lastly, kings are compared to the head of this microcosm of the body of man."
King James VI (Scotland) and I (England) Speech to Parliament, 1610
-The passage above, although written in the seventeenth century, reflects arguments used by earlier European rulers to legitimize their rule. This argument is known as the:

Definitions:

Deferred Annuity

An insurance contract that delays payments of income, installments or a lump sum until the investor elects to receive them.

Permanent Pension

A pension that is paid throughout the lifetime of the beneficiary, often until death.

Compounded Monthly

Interest calculation method where interest is added to the principal on a monthly basis, leading to interest on interest in subsequent months.

Monthly Investments

Regular investments made on a monthly basis, often part of a savings or investment strategy.