Which of the Following Statements Is Most Correct

question 48

Multiple Choice

Which of the following statements is most correct?

• A)Capital markets include short-term and long-term debt securities such as Treasury bills, notes, and bonds.
• B)Money market instruments include commercial paper, federal funds, repurchase agreements, and Treasury notes.
• C)Real estate mortgages are money market instruments.
• D)Federal agencies, and state and local governments, generally issue longer-term financial claims which trade in the capital market.

Understand the influence of political philosophy on social and economic policy.

Analyze the impact of income distribution and redistribution methods.

Evaluate the effectiveness of various types of welfare programs.

Understand the concept of utility and its application in economics.

---

Definitions:

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type, often used in the production of other goods or services.

Gentrified

The process by which higher-income individuals move into, renovate, and revitalize urban neighborhoods, often displacing lower-income residents.

Demographic Transition Theory

A theory that explains how countries move from high to low birth and death rates as they progress from pre-industrial to industrial economic systems.

Fertility Rates

The typical amount of children a woman gives birth to throughout her life in a given population.