You Stand at Attention with Your Arm Overhead and Finger

question 10

Multiple Choice

You stand at attention with your arm overhead and finger pointing to the sky for 12 hours. During this entire time, your finger traces along the celestial equator in the sky. Where are you located on Earth

• A)North Pole
• B)South Pole
• C)equator
• D)mid-latitude between the equator and the North Pole

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Definitions:

Economic Value

The worth of a good or service determined by its ability to satisfy needs or wants; measured by the maximum amount a consumer is willing to pay.

Interest Rate

The proportion of a total amount of money that is required as payment for borrowing it, usually described as a yearly percentage rate.

Equivalent

Something that is equal in value, function, amount, or meaning to something else.

Invested

Refers to the allocation of resources, often money, in expectation of generating an income or profit.