Judy and James Have a 4-Year-Old Child

question 50

Multiple Choice

Judy and James have a 4-year-old child. They plan to purchase life insurance using this formula: Current income × 7 × 70%. Which method are they using to determine their life insurance needs?

• A) Easy method
• B) Dual income, no kids method
• C) Formal calculation method
• D) Nonworking spouse method
• E) Family need method

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Definitions:

Bruce/Brenda/David Case

A famous psychological case study involving David Reimer, who was raised as a girl following a botched circumcision, highlighting the complexities of gender identity.

Arbitrarily Raising

The act of increasing something in an arbitrary or random manner, without a clear rationale or standard.

Evolutionary Psychologists

Researchers who study the psychological adaptations of humans to the changing physical and social environments over time.

Sex Differences

The distinctions in characteristics, independence of gender roles, between males and females that are determined by genetic factors, hormones, and environmental influences.