Given the Statement: ∼ (S • ∼ D) ∨ (D

question 8

Multiple Choice

Given the statement: ∼ (S • ∼ D) ∨ (D ⊃ S)
This statement is:

• A) Valid.
• B) Tautologous.
• C) Inconsistent.
• D) Contingent.
• E) Self-contradictory.

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Definitions:

Default

The failure to promptly pay interest or principal when due, which can occur in regard to debts like loans or securities.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan.

Exchange Rate

The equivalent value of one currency in another currency.

Open-Economy Macroeconomic Model

A model that analyzes an economy that is engaged in international trade, focusing on the interactions with the rest of the world.