Reverse Osmosis

question 38

Multiple Choice

Reverse osmosis

• A) is used to replenish the oxygen content of bodies of water.
• B) causes dead zones off the mouths of rivers.
• C) is used to soften hard water.
• D) is used to desalinate salt water.

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Definitions:

Repatriating Profits

Refers to the process of transferring the profits earned from a foreign subsidiary back to the company’s home country.

Management Fees

These are fees paid to managers for their role in operating an investment fund, usually expressed as a percentage of assets under management.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Unbiased Forward Rate

An estimate of future spot interest rates implied by current interest rates, under the assumption that the forward rates are an unbiased predictor of future spot rates.