The______________system Is a Type of Stratification Based on the Ownership

question 83

Multiple Choice

The______________system is a type of stratification based on the ownership and control of resources and on the type of work people do.

• A)caste
• B)slavery
• C)profile
• D)class

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Definitions:

Forward Rate

The predetermined price for a transaction that will occur at a specific future date, used in the context of currency and interest rate markets.

Interest Rate Parity

A theory that suggests the difference in interest rates between two countries is equal to the differential between the forward exchange rate and the spot exchange rate.

Nominal Rate

The interest rate before adjustments for inflation; essentially, the face value rate of interest.

Inflation

How fast the general price index for merchandise and services escalates, corroding the purchasing strength.