A Set of Families That Enjoy Equal or Nearly Equal

question 1

Multiple Choice

A set of families that enjoy equal or nearly equal prestige according to a system of evaluation is called a(n) :

• A)caste.
• B)class.
• C)age grade.
• D)age set.
• E)kindred.

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Definitions:

Troy Ounce

A unit of measure for precious metals that is approximately 31.1035 grams, traditionally used in the pricing and trading of these commodities.

September Silver Contract

An agreement for the future delivery of silver in September, often used as a hedging tool or investment in the commodities market.

Option Contract

A financial derivative that provides the buyer the right, but not the obligation, to buy (call) or sell (put) an underlying asset at a predetermined price within a specific time period.

Hedge Risk

The strategy of minimizing potential financial losses or gains by using financial instruments or other measures.