The Poverty Rate Is Defined As

question 18

Multiple Choice

The poverty rate is defined as:

• A) the ratio of poor people to the U.S. population.
• B) the ratio of poor people to rich people.
• C) the ratio of poor people to employed people.
• D) the ratio of poor people to unemployed people.

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Definitions:

Cash Flow Hedge

A type of financial hedge that protects against exposure to cash flow risk or uncertainty from variable cash inflows or outflows.

Spot Rate

The existing rate at which a certain currency is available for immediate purchase or sale.

Forward Contract

A financial derivative instrument between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Settlement Date

The date on which a trade is finalized and the buyer must make payment and the seller deliver the asset.