The Developmental Services Act (1974) Was Passed by the Federal

question 86

True/False

The Developmental Services Act (1974) was passed by the federal government to charge the Ministry of Community and Social Services with the responsibility for persons with developmental disabilities.

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Definitions:

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

Arbitrage

The practice of buying and selling equivalent assets in different markets to take advantage of a price difference.

Law of One Price

An economic theory that states that in efficient markets, identical goods must have only one price when prices are expressed in a common currency, absent any transaction costs and tariffs.

Treasury Bond

A long-term, interest-bearing security issued by the U.S. government.