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A Relatively Permanent,unequal Distribution of Goods and Services in a Society

question 12

Multiple Choice

A relatively permanent,unequal distribution of goods and services in a society is called:


Definitions:

Insurance Company

A financial institution that provides various forms of insurance policies to protect individuals or businesses against risks in exchange for premiums.

Modified Duration

A measure of the sensitivity of a bond’s price to changes in interest rates, indicating how much the price will change as interest rates move.

Semiannually

Occurring or payable twice a year.

Steel Pier

A historic oceanfront amusement park located in Atlantic City, New Jersey, known for its entertainment offerings.

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