Which of the Following Is One Important Reason for Lower

question 27

Multiple Choice

Which of the following is one important reason for lower academic achievement in the United States relative to other countries?

• A)Because of the size of our population, we simply cannot afford to spend as much on education as can smaller countries such as Japan and Germany.
• B)Historically, one of the aims of U.S. public education has been to establish educational equity, which sometimes conflicts with producing an educated elite that would compare more favorably with other countries.
• C)Students in the United States simply are not capable of performing at the levels attained by those in other industrialized countries.
• D)We are not as apt to use standardized tests in this country as are other countries, so our students do not perform as well on them.

Understand the role of bond ratings in assessing default risk.

Describe the impacts of interest rate changes on bonds' market value.

Grasp the concepts of bond coupon payments and how they're determined.

Understand the taxation of imputed interest on zero-coupon bonds.

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