A One-Period Bond Is a Promise to Repay
A) $r$ Units of Goods in the Second Period

question 65

Multiple Choice

A one-period bond is a promise to repay

• A) \(r\) units of goods in the second period.
• B) the original amount lent.
• C) \(\frac { 1 } { ( 1 + r ) }\) units of goods in the second period.
• D) \(( 1 + r )\) units of goods in the second period.
• E) the real interest rate.

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Definitions:

Elevates

To lift or move something or someone to a higher place, position, or level.

Scapula

A flat, triangular bone located in the upper back, also known as the shoulder blade, that connects the humerus with the clavicle.

Levator Scapulae

A muscle located in the back and side of the neck that elevates the scapula (shoulder blade).

Transverse Processes

Lateral projections from the vertebrae to which muscles and ligaments attach, participating in the movement and stability of the spine.