The Colder the Weather, the Fewer Muggings Tend to Occur

question 250

Multiple Choice

The colder the weather, the fewer muggings tend to occur. This means that:

• A) cold weather causes a reduction in crime.
• B) cold weather and crime are positively correlated.
• C) cold weather and crime are negatively correlated.
• D) cold weather and crime are uncorrelated.

---

Definitions:

Market Rate

The prevailing interest rate available in the marketplace on investments, loans, or savings.

Journal Entry

The recording of financial transactions in an accounting system, where each transaction is entered with equal debits and credits affecting at least two accounts.

Contractual Interest Rate

The agreed-upon rate of interest to be paid on bonds or loans as specified in the contract.

Market Interest Rate

The prevailing rate of interest on loans and debt securities, reflecting the cost of borrowing in the market.