Identify the Property Illustrated by the Expression $13 + ( 23 + 5 ) = ( 13 + 23 ) + 5$

question 400

Multiple Choice

Identify the property illustrated by the expression.
- $13 + ( 23 + 5 ) = ( 13 + 23 ) + 5$

• A) commutative property of addition
• B) identity element for addition
• C) distributive property
• D) associative property of addition

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Definitions:

Government Bonds

Securities issued by a government to finance its expenditures, repaid over a period.

Open Market

A marketplace with few restrictions on entry or trade, allowing goods and services to be bought and sold freely.

Bonds

Fixed-income investments representing a loan made by an investor to a borrower, often used by companies or governments to finance projects or operations.

Reserve Ratio

The fraction of deposits that a bank holds as reserves, either in its own vaults or at the central bank, affecting the bank's capacity to issue new loans.