Which One of the Following Is the Method Used to Quote

question 95

Multiple Choice

Which one of the following is the method used to quote interest rates on money market instruments?

• A) short basis
• B) floating-rate basis
• C) call rate method
• D) bank discount basis
• E) prime rate method

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Definitions:

Economic System

The structured way in which a society or region organizes the production, distribution, and consumption of goods and services.

Organizational Arrangement

The structured setup of roles, responsibilities, and relationships within an organization, designed to achieve specific goals.

Distributing Goods

The process of making products or commodities available to consumers or retailers in various locations.

Industrial Societies

Societies characterized by the widespread use of technology and machinery in the production process, leading to increased productivity and changes in social organization.