Succession That Begins on Bare Rock After Glaciers Have Passed

question 79

Multiple Choice

Succession that begins on bare rock after glaciers have passed, or on newly formed volcanic islands, is

• A) pioneer.
• B) primary.
• C) secondary.
• D) autogenic.
• E) allogenic.

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Definitions:

Forward Interest Rate

An interest rate agreed upon for a loan or investment in the future, often derived from the yield curve of current interest rates.

Liquidity Preference Theory

A theory suggesting that investors demand higher yields on securities with longer maturities due to the preference for liquidity and lower risk associated with shorter-term securities.

Short-term Investors

Individuals or entities that hold investments for a brief period, typically less than a year, aiming for quick profits.

Forward Rate

The predetermined interest rate for a future financial transaction, agreed upon today.