What Is the Main Characteristic of Semiformal Structures

question 59

Multiple Choice

What is the main characteristic of semiformal structures?

• A) a voluntary support structure of the family
• B) a semi-professionalized structure of the health and social service system
• C) reliance on bonds of reciprocity and of mutual benefit
• D) based on formal bonds of kinship

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Definitions:

Time Value

The notion that having money right now is more valuable than receiving the same amount later, owing to the earning potential it carries.

Capital Investment Analysis

The process of evaluating and comparing potential investments or projects to determine their expected returns and the allocation of capital.

Money

An officially issued legal tender typically consisting of coins and banknotes that is used as a medium of exchange, unit of account, or store of value.

Present Value

Today's worth of money or cash flows that are expected to be received in the future, considering a certain rate of profitability.