On the GATB,about One-Half of the Items Can Be Characterized

question 38

Multiple Choice

On the GATB,about one-half of the items can be characterized as

• A) psychomotor in nature.
• B) pencil-and-paper in nature.
• C) analogue in nature.
• D) Both psychomotor in nature and pencil-and-paper in nature.

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Definitions:

Interest Rates

The percentage charged on borrowed money or paid on savings, essentially the cost of borrowing or the reward for saving.

Annually

Occurring every year or pertaining to a period of one year.

Consumer Credit-Card Rate

The interest rate that banks charge consumers on the balances they carry on their credit cards.

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.