The Preferred Technique for Determining How Much Life Insurance Coverage

question 21

Multiple Choice

The preferred technique for determining how much life insurance coverage is needed for an individual is:

• A)computing the human life value.
• B)using the probability of death each year, prevailing interest rates, and assumed inflation rates to find the discounted present value of a future income stream.
• C)assessing the family's total economic needs and subtracting the financial resources available to meet those needs.
• D)estimating the sum of money which, when paid in installments, will produce the same income as the person would have earned after deducting assumed amounts for taxes and personal maintenance expenses.
• E)using the multiple-of-earnings method adjusted for occupation.

Comprehend how automatization affects cognitive tasks and attention allocation.

Identify errors in perception under strained attentional resources, such as illusory conjunctions.

Discuss the components and implications of automatic processing.

Understand the concept of cognitive dissonance and its implications for attitude and behavior changes.

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Definitions:

Catabolic Pathway

A metabolic pathway that breaks down molecules into smaller units, releasing energy.

Bacterial Enzymes

Enzymes produced by bacteria that catalyze chemical reactions, involved in processes such as metabolism, DNA replication, and the degradation of substances.

Operon

A functional unit of DNA containing a group of genes controlled by a single promoter, used by prokaryotes to regulate gene expression efficiently.

Structural Genes

Genes that code for proteins which serve as building blocks for cells and tissues or operate in metabolic or physiological processes.