In Reality,all Economic Systems Are

question 187

Multiple Choice

In reality,all economic systems are

• A)mixed.
• B)command.
• C)capitalistiC.
• D)democratic.
• E)socialistic.

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Definitions:

Maturity Values

The amount payable to the holder of a financial instrument at its maturity date, often the principal plus interest.

Investment

An asset or item acquired with the goal of generating income or appreciation.

Compounded Monthly

Describes the method of computing interest by adding the interest from past periods to the original principal amount and then doing the calculations monthly.

Rate of Return

The earnings or losses accrued from an investment over a predetermined period, measured as a fraction of the investment's buying price.