Which of the Following Was NOT One of the Seven

question 62

Multiple Choice

Which of the following was NOT one of the seven sacraments of the church?

• A)pilgrimage
• B)ordination
• C)confirmation
• D)extreme unction
• E)penance

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Definitions:

Interest Rates

Interest rates are the cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal, which borrowers pay to lenders or financial institutions.

Inverted Yield Curve

A situation in the bond market where long-term debt instruments have a lower yield than short-term debt instruments, often seen as an indicator of economic recession.

Long-term Interest Rates

Interest rates applied to loans or debt securities with longer maturity dates, generally over ten years.

Forward Interest Rate

An interest rate agreed upon today for a loan that will begin at a future date, used to hedge against interest rate fluctuations.