INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 55

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The most accurate way to determine how much life insurance you need is to use the [multiple earnings | needs] approach.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Mental Set

A psychological tendency to approach situations in a certain way because that method has worked in the past, which can limit problem-solving abilities.

Homo Sapiens

The scientific name for the human species, characterized by a high level of intelligence, complex language, and the ability to create and manipulate the environment.

Rational Man

A concept in economics and philosophy that assumes an individual acts logically and with complete information, aiming to maximize personal benefit.

Anthropomorphic Man

A concept or depiction of a human being with attributes, behaviors, or other characteristics that are typically found in animals.