Perform the Operation and Reduce the Answer to Lowest Terms $7 \frac { 2 } { 3 } - \frac { 1 } { 4 }$

question 162

Multiple Choice

Perform the operation and reduce the answer to lowest terms.
- $7 \frac { 2 } { 3 } - \frac { 1 } { 4 }$

• A) \(\frac { 7 } { 8 }\)
• B) \(59 \frac { 1 } { 3 }\)
• C) \(\frac { 12 } { 89 }\)
• D) \(7 \frac { 5 } { 12 }\)

Understand the role of chance and external benefits in contributing to income inequality.

Understand the concepts of income inequality and utility distribution.

Recognize the trade-offs between economic efficiency and income equality.

Identify causes and evidence of income inequality in the United States.

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Definitions:

Face Value

The nominal or dollar value printed on a security or bond, representing the amount that will be paid back at maturity, not including interest.

Coupon Rate

The interest rate a bond pays each year, shown as a percentage of its face value.

Yield To Maturity

The total return expected on a bond if it is held until the date it matures, including both interest payments and the difference between the bond's current market price and its face value.

Semi-Annually

Occurring or calculated twice a year, typically every six months.