The Dramatic Increase in the Number of Unmarried Adults Is

question 41

Multiple Choice

The dramatic increase in the number of unmarried adults is largely a result of

• A) the high costs involved in marriages.
• B) the greater availability of birth control measures.
• C) men and women marrying later.
• D) a decline in morality in society as a whole.

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Definitions:

Put Option

A put option is a financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Call Option

An agreement in finance which allows the purchaser to have the option, but not the commitment, to purchase a certain amount of a specific asset at a pre-agreed price during a fixed period.

Specified Price

A predetermined price set in a contract or agreement, often related to sales or financial instruments.

Perfect-Hedging

A risk management strategy that completely eliminates the risk associated with an investment by taking an equal but opposite position in the derivatives market.