Why should interest rates be generally positive?
What will be an ideal response?
Answer: An investor should be compensated for foregoing current consumption and, everything else remaining the same, a positive interest rate serves to compensate the investor.
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Which of the following would be most useful for Kind Bars to use when comparing one country market with another?
A. conjoint analysis B. comparative analysis C. cluster analysis D. etic analysis E. emic analysis
Abner's age was misstated in his application for a $50,000 life policy. What will the company do when it discovers the error?
A) It will adjust either the premium rate or the amount of protection. B) It will amend the application, but no additional premium can be charged. C) It probably will void the policy. D) It will do nothing because the policy cannot be altered in any way after it has been issued."