Which of the Statements Below Is FALSE

question 44

Multiple Choice

Which of the statements below is FALSE?

• A)An advertised rate is a nominal rate.
• B)An advertised rate can be referred to as the annual percentage rate or annual percentage yield.
• C)An advertised rate can be referred to as the APR or APY.
• D)When you visit any financial institution,you will see only one advertised rate.

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Definitions:

Pedaling

The act of operating the pedals of a bicycle, exercise bike, or similar machinery, often to propel it forward or to generate power.

Parasympathetic Nervous System

Part of the autonomic nervous system responsible for rest and digest activities, counterbalancing the sympathetic nervous system.

Autonomic Nervous System

The part of the nervous system that regulates involuntary bodily functions, including heart rate, digestion, and respiratory rate.

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for quick response to perceived threats by accelerating heart rate and increasing blood pressure, among other effects.