1.Government supported employment services can assist individuals with finding a job.
Answer:TRUE2.Generally, the cost of
writing a will is more than that for writing a living trust.
Answer:FALSE3.Industrial life insurance is
the most popular form of insurance today.
Answer:FALSE4.Staying in their present
home is the alternative preferred by most people who are approaching retirement.
Answer:TRUE5.The amount of your life
insurance premium for each $1,000 of coverage depends primarily on the age at which you
purchase the insurance.
Answer:TRUE6.The DINK (Duel Income No
Kids) method of determining life insurance needs assumes that the spouse will continue to
work after husband’s/wife’s death.
Answer:TRUE7.A REIT is similar to a
mutual fund or an investment company, and it trades on stock exchanges or
over-the-counter.
Answer:TRUE8.Real estate investment trusts
are government-owned real estate companies.
Answer:FALSE9.Two-earner couples may
have a moderate need for life insurance, especially if they have a mortgage or other large
debts.
Answer:TRUE10.A Keogh plan is also called
a self-employed retirement plan.
Answer:TRUE11.The best way to avoid the
high cost of illness is to stay well.
Answer:TRUE12.Affordable health care has
become one of the most important issues of our time.
Answer:TRUE13.A cyclical stock is a stock
that follows the business cycle of advances and declines in the economy.
Answer:TRUE14.Although useful for many
things, the Internet cannot be used to monitor the value of stock, bond, and mutual fund
investments.
Answer:FALSE15.Basic health insurance
coverage includes hospital expense insurance, surgical expense insurance, and physician
expense insurance.
Answer:TRUE