In Many Parts of the World,the Nature of Work Has

question 31

Multiple Choice

In many parts of the world,the nature of work has changed from:

• A) farming to manufacturing to knowledge work.
• B) hunting to farming to manufacturing.
• C) farming to knowledge work to service work.
• D) manufacturing to service work to knowledge work.

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Definitions:

Interest Rate Risk

The potential for investment losses due to fluctuations in interest rates.

Zero Coupon Treasury Bond

A government bond that does not pay interest throughout its life and is sold at a discount from the face value.

Reinvestment Rate Risk

The risk that the returns from reinvesting cash flows will be lower than expected due to changes in interest rate.

Market Interest Rate

The prevailing rate of interest available in the marketplace for securities of similar risk and maturity.