Question
When the quantity demanded of a good change by exactly
the same percentage as price, the demand is said to be:Solution
Unitary elastic demand: The quantity demanded of a good change by exactly the same percentage as price.
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
What is the purpose of a "loss adjuster"?
What does the preamble of an insurance policy NOT typically include?
Which of the following is NOT a type of motor insurance policy?
A policy that covers loss or damage to a householder's property is:
The period during which the owner of a deferred annuity makes payments to build up assets is called?
Identify the correct full form of GAAT?
What does the term "insured" refer to in insurance?
Which type of insurance usually requires higher premium ?
Which of the following bank is not involved in housing finance to general public?