The Flow of Electric Charge That Occurs in One Direction

question 15

Multiple Choice

The flow of electric charge that occurs in one direction that is typically produced by batteries is known as

• A)ac current.
• B)dc current.
• C)ac/dc current.
• D)unidirectional current.

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Definitions:

Treasury Bills

Short-term government securities with maturities ranging from a few days to 52 weeks, issued at a discount to face value.

Inflation

A measure of the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Efficient Capital Market

A market where all relevant information is fully and immediately reflected in securities prices, ensuring that securities are always fairly priced.

Security Prices

The market value or price at which securities, such as stocks or bonds, are bought and sold.