In Economics, Aggregation Refers to

question 72

Multiple Choice

In economics, aggregation refers to

• A)collecting sample specimens for reclassification.
• B)using small stones to pave an artistic walkway.
• C)combining many markets into one overall economy.
• D)using large computers to solve economic problems.

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Definitions:

Semiannually

Occurring twice a year or every six months.

Interest Payments

The amount of money paid regularly (typically annually or semiannually) for the use of borrowed funds.

Callable Bonds

Bonds that can be redeemed by the issuer prior to their maturity date at a specified call price.

Redeemable

Refers to an item or financial instrument that can be converted into cash or another financial instrument.