Using the Rounding Rules Presented in This Book, the Number

question 94

Multiple Choice

Using the rounding rules presented in this book, the number ______ is correctly rounded to ______.

• A) 4.365; 4.37
• B) 3.167; 3.16
• C) 2.843; 2.85
• D) 1.884; 1.89

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Definitions:

Bond Prices

The cost or market price of a bond, which moves inversely to changes in interest rates; when rates go up, bond prices go down, and vice versa.

Money Supply

refers to the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Economy Growth

An increase in the production of goods and services in an economy over time.

Open Market Operations

The purchase and sale of government bonds by a central bank as a means to regulate the economy's money supply and adjust interest rates.