In 2008, Britney bought a single-premium variable life polic…

In 2008, Britney bought a single-premium variable life policy (MEC) with a face value of $100,000. Her premium payment was $32,000. Britney is now 42 years of age, and the cash value of the policy is $65,000. What are the consequences of Britney taking a loan for $25,000 this year?  

Governor Brainard expressed an interest in continuing to wor…

Governor Brainard expressed an interest in continuing to work on a central bank digital currency (CBDC).  (In our class when we discuss blockchain, we will revisit CBDC’s and the possibility of revolutionizing our currency.)  What is one reason she is considering the issuance of a CBDC for the US?