Which of the Following Is Considered to Be a Novel

question 10

Multiple Choice

Which of the following is considered to be a novel idea?

• A) A detergent that is advertised as a very effective stain-remover.
• B) A company announces that it has produced a recreational hovercraft for kids.
• C) An announcement by a cell phone company that it now offers free text messaging.
• D) An announcement by a college that it will install artificial turf on its football field.

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Definitions:

Interest Rate Risk

The potential for investment losses due to fluctuations in interest rates, which can affect the value of interest-bearing assets like bonds.

Price Appreciation

The increase in the value of an asset or investment over time, not accounting for dividends or interest earned.

Ceteris Paribus

A Latin phrase meaning "all other things being equal," used in economics to isolate the effect of one variable by holding others constant.

Yield

The income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost.