Contrast Bernstein's Restricted Code Type of Speech to His Elaborated

question 50

Essay

Contrast Bernstein's restricted code type of speech to his elaborated code speech by giving two examples of each type.Pretend a parent is interacting with a child who has been given his first wooden puzzle of a wagon.Then give one example of each type of code where a parent and child are about to ride upstairs on an elevator.

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Definitions:

Fisher Effect

An economic theory stating that the real interest rate is independent of monetary measures, especially the nominal interest rate and the expected inflation rate.

Canada Plus Call

Call provision that compensates bond investors for interest differential, making it unattractive for an issuer to call a bond.

Face Value

The nominal value stated on a financial instrument, such as a bond or stock certificate, representing its official worth.

Par Value

The nominal value or face value given to a security or bond by the issuer.