3-61 the Largest Asset Category on the Balance Sheet of U.S.life

question 1

Multiple Choice

3-61 The largest asset category on the balance sheet of U.S.life insurance companies as of year-end 2009 was

• A)government securities.
• B)corporate bonds.
• C)corporate stock.
• D)cash.
• E)mortgages.

---

Definitions:

Hardwired Heuristics

Cognitive shortcuts or rules of thumb that are ingrained or innate, often leading to quick decision-making or judgments.

Behavior Change

A modification in an individual's actions, habits, or attitudes, often targeted through various interventions for health or social improvement.

Faster Decisions

The process of making choices or conclusions more rapidly, often necessary in dynamic or time-sensitive environments for efficiency or competitive advantage.

Positive Outcomes

Results or consequences that are desirable, beneficial, or have a good impact on individuals or groups.