There Are Essentially Three Types of Nonrelative Child Care

question 84

Multiple Choice

There are essentially three types of nonrelative child care. Which of the following is NOT one of these?

• A) in-home caregiver (or nanny)
• B) family child care
• C) babysitting
• D) center care

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Definitions:

Short Position

An investment strategy where an investor sells a security that he does not own at the time of sale, typically borrowing it, and hopes to buy it back later at a lower price.

Counterparties

The other organization or party involved in a financial transaction or agreement.

Swap

A derivative contract through which two parties exchange financial instruments, typically involving cash flows based on a notional principal amount.

Floating Rate Debt

A type of debt instrument with a variable interest rate that adjusts periodically based on a benchmark interest rate or index.