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The "Nonworking" Spouse Method of Estimating Life Insurance Includes Factors

question 37

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The "nonworking" spouse method of estimating life insurance includes factors such as Social Security and liquid assets.


Definitions:

Public Policy

The principles, often unwritten, on which social laws are based, or the set of policies (laws, plans, actions, behaviors) that governments adopt or enforce to address public issues.

Sanction

Sanction is an action taken by a country or international body to enforce compliance with laws or regulations, often involving trade restrictions or the imposition of penalties.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.

John Maynard Keynes

A British economist whose theories on the causes of prolonged unemployment and recommendations for government intervention in economies to stimulate demand and avoid economic depressions have had a profound influence on modern economic and political theory.

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