What Is a Deterministic Theory

question 11

Multiple Choice

What is a deterministic theory?

• A) One that posits that an outcome is the only possible result associated with a particular cause
• B) One that posits that an outcome is more or less likely given a particular cause
• C) One that posits that outcomes are not predictable
• D) One that posits that outcomes are usually spurious

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Definitions:

Nominal Return

The rate of return on an investment without adjusting for inflation.

Tax Rate

The tax rate is the percentage at which an individual or corporation is taxed by the government on income or property.

Inflation Rate

The percentage increase in the general level of prices for goods and services in an economy over a period of time, typically measured on a yearly basis.

Low Inflation

A situation characterized by a slow rate of increase in the prices of goods and services, indicating stable economic conditions.