You Are on Vacation and Want to See Where All

question 43

Multiple Choice

You are on vacation and want to see where all the restaurants and trendy shops are in relation to your hotel.You remember there is an app on your phone that will use your location and show you that information.What is the app using?

• A) Chip-and-pin technology
• B) Augmented reality
• C) Kiosk
• D) Digital literacy

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Definitions:

Primary Market

A part of the capital market where new securities are initially sold to investors, typically through underwriting.

Secondary Market

A market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Default Risk

The risk that a borrower will not make the required payments on a debt obligation, leading to a default situation.

U.S. Government Debt

U.S. Government debt, also known as sovereign debt, is the total amount of money borrowed by the Federal government through the issuance of securities by the Treasury and other federal government agencies.