The Majority of Children of Divorced Parents

question 37

Multiple Choice

The majority of children of divorced parents

• A) do not have adjustment problems.
• B) do poorly in school.
• C) do not marry when older.
• D) require long-term counseling.

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Definitions:

Nominal Rate

The interest rate before adjustments for inflation; essentially, the face value rate of interest.

Inflation

How fast the general price index for merchandise and services escalates, corroding the purchasing strength.

Spot Rate

The current market price of a currency, security, or commodity available for immediate delivery.

Interest Rate Parity

A theory asserting that the difference between the interest rates of two countries is equal to the difference between the forward exchange rate and spot exchange rate.