Which of the Following Statements Correctly Apply to TIPS

question 20

Multiple Choice

Which of the following statements correctly apply to TIPS?
I.They are quoted as a percentage of the current accrued principal.
II.They pay a variable interest rate that responds to movements in the inflation rate.
III.They are backed by the full faith and credit of the U.S.government.
IV.They adjust for inflation on an annual basis.

• A) I and III only
• B) II and IV only
• C) III and IV only
• D) I, II, and III only
• E) II, III, and IV only

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Definitions:

Culturally Inherited Traits

Characteristics, values, or customs passed down from one generation to another within a culture.

Subtle Discrimination

Discrimination that occurs in a less obvious or indirect manner, often through seemingly neutral practices that have discriminatory effects.

Race Categories

Social constructs dividing people into groups based on physical characteristics, often used for demographic and statistical purposes.

Ethnic Identity

A person's sense of belonging to a particular ethnic group, including the cultural traditions and values associated with it.