25 Basis Points Is

question 71

Multiple Choice

25 basis points is

• A)a quarter of a percentage point.
• B)a quarter of the Bank of Canada's target inflation rate.
• C)the spread between the savings rate and the lending rate.
• D)the spread between the bank rate and the settlement balances rate.
• E)the gap by which real GDP exceeds potential GDP.

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Definitions:

Alkane

Saturated hydrocarbons consisting entirely of single bonds between carbon atoms, and are known for their stability and lack of reactivity.

N-alkane

A type of alkane where the carbon atoms are arranged in a straight chain without any branches.

Molecular Weight

The sum of the atomic weights of all atoms in a molecule.

Phase Transitions

The process of changing from one state of matter (solid, liquid, gas) to another, such as melting, freezing, vaporization, or condensation.