Standardization of Financial Instruments Has Occurred as a Result Of

question 45

Multiple Choice

Standardization of financial instruments has occurred as a result of:

• A) the rule of 70.
• B) the law of demand.
• C) economies of scale.
• D) the law of supply.

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Definitions:

Income Tax

A tax levied by the government directly on individuals' or entities' income.

Labor Force

The total number of people, both employed and unemployed, who are actively looking for work.

Public's Attitude

The collective opinions, beliefs, and feelings of the general population towards particular issues, events, or subjects at any given time.

Office of War Information

A U.S. government agency created during World War II to consolidate existing government information services and promote propaganda domestically and overseas.