The Price That a Person Must Pay in Order Acquire

question 146

Multiple Choice

The price that a person must pay in order acquire purchasing power now rather than in the future is called

• A) the interest rate.
• B) the foreign exchange rate.
• C) the inflationary premium.
• D) the risk premium.

---

Definitions:

Geoffrey Sampson

A linguist and academic known for his work on language, artificial intelligence, and political writings.

Noam Chomsky

An American linguist, philosopher, cognitive scientist, historian, social critic, and political activist known for his influential work in syntactic theory and cognitive science.

Lexical Definition

The commonly used dictionary definition.

Global Warming

The long-term rise in Earth's average surface temperature, largely due to human activities such as burning fossil fuels, which leads to climate change.