Money Market Rates Are Generally One or the Other of Which

question 65

Multiple Choice

Money market rates are generally one or the other of which two rates?
I.bank discount rate
II.bond equivalent rate
III.annual percentage rate
IV.effective annual rate

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

---

Definitions:

Reciprocity Norm

The reciprocity norm is a social norm that expects individuals to respond to each other in kind, returning benefits for benefits received.

Favor

An act of kindness beyond what is usual or expected, often involving giving someone an advantage or showing support.

Past

The period of time or a segment of history that has already occurred, distinguished from the present and future.

Social-Responsibility Norm

A societal expectation that people will help those who are dependent upon them or in need of assistance.