Answer the Question -Find the Odds Against Correctly Guessing the Answer to a Answer

question 125

Multiple Choice

Answer the question
-Find the odds against correctly guessing the answer to a multiple choice question with 4 possible answers.

• A)4 : 1
• B)3 : 1
• C)3 : 4
• D)4 : 3

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Definitions:

Government Bond

A debt security issued by a government to support government spending, often considered a low-risk investment.

Market Rate

The prevailing interest rate available in the marketplace for loans or deposits of a specific maturity.

Interest

The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.

Reserve Ratio

The fraction of depositors' balances that banks must have on hand as cash, determined by the central bank to control money supply.