Foreign Aid Is Defined as ______ and Represents ______ of the Federal

question 54

Multiple Choice

Foreign aid is defined as ______ and represents ______ of the federal budget.

• A) economic or military assistance; a tiny fraction
• B) participation in the U.N., World Trade Organization, NATO, and the like; approximately half
• C) economic or military assistance; approximately one-fourth
• D) financial assistance; approximately one-fourth

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a specified quantity of an asset at a set price within a specified time.

Strike Price

The rate at which an option's owner has the right to purchase (for a call option) or offload (for a put option) the underlying asset or commodity.

Market Price

The current price at which an asset or service can be bought or sold.

Put Option

A financial derivative that gives the holder the right, but not the obligation, to sell a specified quantity of an underlying asset at a set price within a specified time.