Question

4. One difference between an endowment policy and a whole life assurance policy is:
a.An endowment policy only pays out on the death of the insured
b. A whole life policy allows the insured to benefit from payments made from the profits of the
insurance company
c.A whole life policy can pay out a sum to be insured if they survive for a certain number of
years
d. An endowment policy can pay out a sum to the insured if they survive for a certain number
of years.​

Answer 1

statement in correct with reference to Adam Smith definition option A otherwise it is a classical economics option B wealth of nation is authorised by Adam Smith of currency Economics is the science of 12 the economics study common man

a)adam smith is a classical economist.

b)wealth of nation is authorised by Adam smith

c ) Economics is the science of wealth

d) Economi studies comman man