Figure 3-3 
-Refer to Figure 3-3. The figure above shows the supply and demand curves for two markets: the market for original Picasso paintings and the market for designer jeans. Which graph most likely represents which market?
Definitions:
Roth IRA
An individual retirement account allowing contributions to grow tax-free, with qualified distributions also being tax-free.
Single Life Annuity
A type of annuity that only provides payments for the remainder of an individual's life, ceasing upon their death.
Annuity Contract
A written agreement with an insurance company where the company agrees to make periodic payments to a person in return for a premium or series of premiums.
Expected Return
The projected return on an investment over a given period of time, factoring in various risks and the time value of money.
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