The ability to think and reason abstractly using symbols rather than words or numbers is:

Which of the following statements comparing group and individual life insurance is NOT true?

A) Individual insurance is generally available at lower rates than group insurance. B) The employer selects the type of insurance coverage under a group plan, while an individual selects the coverage for an individual policy. C) Individual underwriting and individual evidence of insurability are generally not required under a group plan. D) Group insurance involves experience rating for establishing premiums.

Banks, savings and loan associations, mutual savings banks, and credit unions

A) are no longer important players in financial intermediation. B) have been providing services only to small depositors since deregulation. C) have been adept at innovating in response to changes in the regulatory environment. D) all of the above. E) only A and C of the above.