Which Statement Best Describes Static Life Tables

question 24

Multiple Choice

Which statement best describes static life tables?

• A) They are another name for cohort life tables.
• B) They provide a snapshot in time of a sample of the whole population.
• C) They follow a population of the same age over time.
• D) They cannot be created from a population that has already died.
• E) They follow all individuals of a species through time.

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Definitions:

Prime Rate

The interest rate at which banks lend to their most credit-worthy customers, often used as a benchmark in the lending industry.

Creditworthy Corporate

A company deemed reliable in repaying debts, often assessed through credit ratings.

Transactions Demand

The demand for money or assets that can be quickly converted into money for the sake of everyday transactions.

Economic Reason

The underlying rationale or motive behind financial decisions or actions, often based on maximizing efficiency or profit.