An Actuarially Fair Return Means

question 32

Multiple Choice

An actuarially fair return means

• A) returns on investments are indexed to the stock market.
• B) returns on investments have to be positive.
• C) benefits received,on average,would be equal to the premiums paid.
• D) premiums for insurance are generally paid by the government.

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Definitions:

Nerve Fiber Patterns

The arrangement or distribution of nerve fibers within a specific area of the nervous system.

Physical Changes

Alterations in the physical state or appearance of a substance or organism that do not involve a change in its composition or identity.

Memory Processes

The mechanisms through which information is encoded, stored, and retrieved in the brain.

Spontaneous Recovery

The reappearance of a learned response after extinction has occurred.