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Urgent please 1. Which of the following allows an individual to receive a fixed amount of income over a certain period of time, or over
Urgent please 1. Which of the following allows an individual to receive a fixed amount of income over a certain period of time, or over his or her life? Fixed Deposit account b. Term insurance c. Whole insurance d. Fixed annuity 2. Who is most likely to benefit by inflation? a. Retired people b. Lenders c. Borrowers d. Low-income consumers 3. Higher prices are likely to result from: a. lower demand by consumers. 0. increased production by business. c. increased spending by consumers. d. an increase in the supply of a product. 4. A major activity in the planning component of financial planning is: a. evaluating investment alternatives. b. selecting insurance coverage. c. allocating current resources for spending. d. establishing a line of credit. 5. Changes in income, values, and family situation make it necessary to a. analyze your current personal and financial situation. b. evaluate and revise your actions. c. implement the financial plan. d. develop financial goals
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