Williams Created the BITCH to Test

question 36

Multiple Choice

Williams created the BITCH to test

• A)the ability to survive in the African American community.
• B)IQ of African American children.
• C)the ability of African Americans to survive in white communities.
• D)the ability of whites to survive in white communities.

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Definitions:

Annual Dividend

The total dividends that a company pays to its shareholders out of its profits over the course of a year.

Nominal Rate

The stated interest rate of a financial instrument without adjusting for inflation.

Annual Coupon Bond

A bond that pays interest (coupon) to bondholders once a year until maturity, when the principal amount is repaid.

Inflation

The rate at which the general level of prices for goods and services is rising, and, consequently, the purchasing power of currency is falling.