Which One of the Following Describes the Term LIBOR

question 73

Multiple Choice

Which one of the following describes the term LIBOR?

• A)London Interweb Opportunity Rate
• B)Lisbon Interbank Opportunity Rate
• C)London Interbank Opportunity Rate
• D)London Interbank Offered Rate
• E)Lisbon Interbank Offered Rate

---

Definitions:

Anomie

Durkheim’s term for a state of normlessness that results from a lack of clear goals and may ultimately result in higher suicide rates.

Durkheim

A foundational sociologist known for his work on social cohesion, the division of labor, and the concept of anomie.

Collective Conscience

Durkheim’s concept highlighting the totality of beliefs and sentiments that are common to the average person in a society.

Social Facts

Durkheim's term for phenomena within society that exert social control over individuals, guiding their actions and thoughts.