A Family Unit Made Up of at Least One Parent

question 12

Multiple Choice

A family unit made up of at least one parent and one child is known as a

• A)matrilineal family.
• B)perpendicular family.
• C)atomic family.
• D)nuclear family.

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Definitions:

Purchase Price

The amount of money paid to acquire a good, service, or financial asset.

Face Value

The nominal value printed on a bond or stock certificate; it does not fluctuate with market prices.

Forward Rate

The agreed-upon price for a transaction that will occur at a future date, as in a forward contract.

Zero-Coupon Bond

A bond that is sold at a discount and pays no interest, but is redeemed at its face value at maturity, generating a profit for the holder.