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An Increase in Either the Risk-Free Rate or the General

question 50

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An increase in either the risk-free rate or the general level of the risk premium on bonds results in a higher required rate of return and therefore causes bond prices to increase. ​


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Schizophrenia

A severe psychological disorder that is characterized by disturbances in thought and language, perception and attention, motor activity, and mood, and by withdrawal and absorption into daydreams or fantasy.

Intelligence

A complex and controversial concept, defined by David Wechsler as “[the] capacity . . . to understand the world [and the] resourcefulness to cope with its challenges.” Intelligence implies the capacity to make adaptive choices (from the Latin inter, meaning “among,” and legere, meaning “to choose”).

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