Why Is the Term  "Arc" Used to Describe Units of Measure

question 3

Multiple Choice

Why is the term  "arc" used to describe units of measure for angular distance?

• A) To avoid confusion with the minutes and seconds of time
• B) To describe the arc-shaped distance between the stars
• C) To distinguish the base unit of 10 per degree
• D) To distinguish the difference between northern and southern spheres
• E) To describe the placement of the stars within each hemisphere

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Definitions:

U.S. Treasury

Refers to the federal government department responsible for managing government revenue and also to the securities (like bonds) it issues, considered low-risk investments.

Put Option

A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a specified price within a specified time.

Underlying Asset

The financial asset upon which derivatives such as options and futures are based, determining their value.

Strike Price

The set price at which the holder of an options contract can buy (in a call option) or sell (in a put option) the underlying security or commodity.