Social insurance is distinguished from public assistance, or welfare, by the fact that

A) all social insurance benefits are paid in cash, while all public assistance benefits are paid in kind (food, housing, medical care) .
B) an individual acquires a right to social insurance benefits by meeting objective eligibility criteria, while public assistance benefits are determined according to individual need.
C) the total amount paid in benefits is much larger in the public assistance programs than in the social insurance programs.
D) payroll taxes are used to finance public assistance programs, while general revenues are used to finance social insurance programs.

The term investment horizon refers to ________.

A) the proportion of short-term to long-term investments held in an investor's portfolio
B) the planned liquidation date of an investment
C) the average maturity date of investments held in a portfolio
D) the maturity date of the longest investment in the portfolio

What does a co-payment or deductible incentivize an individual to do?

A) Pay for a higher coverage amount.
B) Pay a lower premium.
C) Refrain from making claims.
D) Decrease the number of insurance policies an insured has.
E) Shop around for the best coverage.

Which of these is a coincident economic indicator?

A) The demand for plant and machinery
B) Personal income
C) Real estate growth
D) The interest rate
E) The unemployment rate

A U.S. company that wants to buy products from a foreign firm must generally buy that country's currency first.

John tends to demonstrate behaviours that are counterproductive to strong work performance.Which appraisal method would most likely provide the most inaccurate ratings?

A) peer
B) self
C) subordinate
D) supervisor