A "Demand-Based" Definition of Need Tends to Favor

question 14

Multiple Choice

A "demand-based" definition of need tends to favor

• A)those whose basic needs are not met.
• B)those who are able to express their needs.
• C)those represented by effective advocates.
• D)both those who are able to express their needs and those represented by effective advocates.

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Definitions:

Initial Investment

The initial amount of money spent to purchase an asset or start a project.

Annuities

Financial products that provide a series of payments over time, often used for retirement income.

Internal Rate

Often refers to the internal rate of return (IRR), which is a metric used to evaluate the profitability of potential investments.

Minimum Required

The least amount or level needed for a specific purpose, such as the minimum required investment or stock balance.