Which One of the Following Is Classified as a Fixed-Income

question 7

Multiple Choice

Which one of the following is classified as a fixed-income security?

• A)U.S. Treasury bill
• B)6-month municipal bond
• C)common stock that pays regular quarterly dividends
• D)2-year U.S. Treasury security
• E)9-month bank certificate of deposit

---

Definitions:

Income Equality

Income equality refers to a scenario where earnings are distributed evenly across a population. It is the opposite of income inequality where earnings are unequally distributed.

Economic Efficiency

A measure of how well resources are utilized and allocated to maximize productivity and meet the needs and wants of society.

Quintile Distribution

The division of a population or dataset into five equal groups or parts, often used in economic studies to analyze income or wealth distribution.

Before-Tax Household Income

The total income earned by a household before any taxes are deducted.