Which of the Following Statements Is FALSE

question 25

Multiple Choice

Which of the following statements is FALSE?

• A)The prime rate is the rate banks charge other banks.
• B)With a variable interest rate,the terms of the loan may indicate that the rate will vary with some spread relative to a benchmark rate,such as the yield on one-year Treasury securities or the prime rate.
• C)With a discount loan,the borrower is required to pay the interest at the beginning of the loan period.
• D)A common benchmark rate is the London Inter-Bank Offered Rate,or LIBOR,which is the rate of interest at which banks borrow funds from each other in the London inter-bank market.

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Definitions:

Impaired Brain Functioning

Deterioration or abnormal functioning of brain processes, affecting cognitive abilities, emotional regulation, or physical coordination.

Representative Sample

A subset of a population that accurately reflects the members of the entire population.

Sociologists

Scientists who study human societies, covering a broad range of topics from social behavior, culture, to institutions and their development.

Sample

Any subset of units from a population that a researcher studies.