Evaluate Round to the Nearest Thousandth, If Necessary $\log \left( \frac { 1 } { 1000 } \right)$

question 121

Multiple Choice

Evaluate. Round to the nearest thousandth, if necessary.
- $\log \left( \frac { 1 } { 1000 } \right)$

• A) 100
• B) \(- 3\)
• C) \(- 100\)
• D) 3

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Definitions:

Monetary Policies

Government or central bank policies aimed at controlling the money supply and interest rates to influence economic activity.

Money Supply

The sum total of all assets in the form of money within an economy at a specific instance, including all forms of cash, coinage, and the funds kept in both savings and current accounts.

Purchasing Power Parity

A theory in economics that compares different countries' currencies through a "basket of goods" approach, aiming to determine the relative value of two currencies.

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much of currency A is needed to purchase a unit of currency B.