Which of the following provides the most meaningful cost index (dollars and cents per thousand per year) of cash value life insurance?

(a) traditional net cost
(b) Linton yield
(c) surrender cost index
(d) human life value

Ans: (c) surrender cost index

Business

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Common-size financial statements present all balance sheet account values as a percentage of:

A. The forecasted budget B. Sales C. Total equity D. Total assets E. Last year's account value

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Which of the following is most likely to cause global economic migration of people to more developed countries?

A) decreasing number of middle-class consumers B) graying population in developed countries C) low birthrate in undeveloped countries D) large wealth in emerging markets

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