When the Interest Rate Rises from 2 Percent to 3

question 77

Multiple Choice

When the interest rate rises from 2 percent to 3 percent,it means that

• A)it has increased by 1 percent.
• B)it has increased by 50 percent.
• C)it has increased by 0.1 percent.
• D)it has increased by 33 percent.

---

Definitions:

Divorce

The legal termination of a marriage by a court or other competent body, dissolving the bonds of matrimony between the parties.

Burdensome

Describing something that is difficult to carry out or endure; causing hardship or distress.

Socialization

Socialization is the process through which individuals learn and internalize the values, beliefs, and norms of their society or cultural group, gaining the skills and knowledge necessary to function within it.

Heteronormativity

The assumption that heterosexual orientation is the default or normal state of human sexuality, which influences cultural norms and social expectations.