Before You Decide to Take Out an Individual Disability Policy

question 52

Multiple Choice

Before you decide to take out an individual disability policy, you should consider all of the following, except

• A) amount of home mortgage.
• B) cost of gasoline commuting to and from work.
• C) employer disability insurance policy.
• D) dividends received from stock portfolio.

---

Definitions:

Final Good

A product that is consumed by the end user and does not require any further processing or manufacturing.

Real GDP

Gross Domestic Product adjusted for inflation, representing the value of all goods and services produced by an economy in a given year in constant prices.

Nominal GDP

The gross domestic product measured at current market prices, without adjusting for inflation, representing the value of goods and services produced.

National Income

The total value of all goods and services produced by a country's economy over a specific time period, including income from foreign investments.