In Effect,an Annuity Provides Insurance

question 2

Multiple Choice

In effect,an annuity provides insurance

• A)against the risk of dying and leaving one's family without a regular income.
• B)against the risk of living too long.
• C)to people who are not risk-averse.
• D)to people whose utility functions do not display the usual properties.

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Definitions:

Athletic Skills

Abilities or proficiencies developed through training and practice, specific to the demands of particular sports or physical activities.

Academically

Pertaining to schools, colleges, universities, or education and learning in general, often used to describe something related to the academic community or educational achievements.

Tend-and-Befriend

A behavior response theory which suggests that during stress, individuals, particularly women, will seek to form alliances with others as a means to cope.

Fight-or-Flight

A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival.