​Over Time,the Responsibilities of States Have Increased Due to _____

question 57

Multiple Choice

​Over time,the responsibilities of states have increased due to _____.

• A)​increased citizen expectations
• B)​urbanization and the reduction of distances between governments and people
• C)​greater demands for education in order to get better jobs
• D)​all of these
• E)urbanization and the reduction of distances between governments and people, as well as greater demands for education in order to get better jobs

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Definitions:

Yield to Maturity

The total return anticipated on a bond if the bond is held until it matures, incorporating both interest payments received and any gain or loss if the bond is bought at a discount or premium to its face value.

Zero-coupon Bond

A type of bond that does not pay interest during its life but is sold at a discount and matures at its face value.

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

Arbitrage

The practice of buying and selling equivalent assets in different markets to take advantage of a price difference.