Which BEST Describes the 2008 Data on Interethnic Marriage in the United

question 162

Multiple Choice

Which BEST describes the 2008 data on interethnic marriage in the United States?

• A) The official data underestimate the rate of such marriages.
• B) Nineteen percent of marriages are interethnic.
• C) Ninety-three percent of interethnic dating results in marriage.
• D) Just 3 percent of all marriages are interethnic.

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Definitions:

Nominal Interest Rate

The named or quoted rate usually stated on an annually compounded basis. May be different from the effective rate due to non-annual compounding.

Real Interest Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or real yield on an investment.

Inflation Premium

The additional interest rate that lenders demand to compensate for the loss of purchasing power of money due to inflation.

Yield Curve

The relationship between interest rates and the term of debt, generally expressed graphically. A normal yield curve is upsloping, reflecting rates that increase with increasing term. An inverted curve is downsloping.