Indexation Study guides, Class notes & Summaries

ECN 211 EXAM 2 ASU With Questions and Correct Answers and Complete Solutions. GDP is - ANSWER value of all final goods and services produced within a country in a given period of time. Y = C + I + G + NX - ANSWER Y = economy's total expenditure C = consumption in economy I = imports in economy G = government spending NX = net exports Net exports equal - ANSWER exports minus imports CPI is used to - ANSWER monitor changes in the cost of living over time Inflation rate - ANSWER percentag...

GDP is - value of all final goods and services produced within a country in a given period of time. Y = C + I + G + NX - Y = economy's total expenditure C = consumption in economy I = imports in economy G = government spending NX = net exports Net exports equal - exports minus imports CPI is used to - monitor changes in the cost of living over time Inflation rate - percentage change in the price level from the previous period Indexation refers to - using a law or contract to automatical...

A need to accumulate a capital sum from regular surplus income over a period of time is which type of personal financial need? A Savings B Investment C Protection D Loan : A 1.1 - Main types of personal financial needs The primary financial need of a client in their 60s is likely to be: A savings B investment C protection D loans 2 | P a g e : B 1.3 - Life Cycle Factfinding is also known as: A suitability B know the client C appropriateness D treating the client fairly : B...

A need to accumulate a capital sum from regular surplus income over a period of time is which type of personal financial need? A Savings B Investment C Protection D Loan : A 1.1 - Main types of personal financial needs The primary financial need of a client in their 60s is likely to be: A savings B investment C protection D loans 2 | P a g e : B 1.3 - Life Cycle Factfinding is also known as: A suitability B know the client C appropriateness D treating the client fairly : B...

GDP is CORRECT ANSWER value of all final goods and services produced within a country in a given period of time. Y = C + I + G + NX CORRECT ANSWER Y = economy's total expenditure C = consumption in economy I = imports in economy G = government spending NX = net exports Net exports equal CORRECT ANSWER exports minus imports CPI is used to CORRECT ANSWER monitor changes in the cost of living over time Inflation rate CORRECT ANSWER percentage change in the price level from the prev...

A cigarette sets the automobile seat on fire and causes $450 damage. The policy shows a $300 deductible under Specified Perils. The insurer would pay: A. $0 B. $150 C. $300 D. $450 Deductible does not apply or is $0 in case of fire or lightening. - Answer-D. $450 A client phones to tell you he has brought a high-end stereo system costing $5,000, which has been installed in his car. What should you tell him? A. Be sure to always lock the car, as there is no coverage if the system costing...

ECN 211 EXAM 2 ASU With Questions and Correct Answers and Complete Solutions. GDP is - ANSWER value of all final goods and services produced within a country in a given period of time. Y = C + I + G + NX - ANSWER Y = economy's total expenditure C = consumption in economy I = imports in economy G = government spending NX = net exports Net exports equal - ANSWER exports minus imports CPI is used to - ANSWER monitor changes in the cost of living over time Inflation rate - ANSWER percenta...

GDP is - correct answer value of all final goods and services produced within a country in a given period of time. Y = C + I + G + NX - correct answer Y = economy's total expenditure C = consumption in economy I = imports in economy G = government spending NX = net exports Net exports equal - correct answer exports minus imports CPI is used to - correct answer monitor changes in the cost of living over time Inflation rate - correct answer percentage change in the price...

ECN 211 EXAM 2 ASU With Questions and Correct Answers and Complete Solutions. GDP is - ANSWER value of all final goods and services produced within a country in a given period of time. Y = C + I + G + NX - ANSWER Y = economy's total expenditure C = consumption in economy I = imports in economy G = government spending NX = net exports Net exports equal - ANSWER exports minus imports CPI is used to - ANSWER monitor changes in the cost of living over time Inflation rate - ANSWER percenta...

Registered Pension Plan - Answer- refers to an arrangement offered by an employer or union to provide retirement benefits to plan members in the form of periodic payments during retirement. Defined benefit (DB) pension plan - Answer- refers to a registered pension plan that provides benefits based on the plan member's years of service and earnings. Defined contribution (DC) pension plan - Answer- refers to a registered pension plan that provides benefits based on the amount accumulated in...