What Is the Product Of $\frac { 5 } { 6 } \times \frac { 1 } { 2 }$

question 14

Multiple Choice

What is the product of $\frac { 5 } { 6 } \times \frac { 1 } { 2 }$ ?

• A) \(\frac { 5 } { 12 }\)
• B) \(\frac { 6 } { 10 }\)
• C) \(\frac { 10 } { 6 }\)
• D) \(\frac { 51 } { 12 }\)

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Definitions:

U.S. Government Revenue

The total income received by the government from taxes and non-tax sources like tariffs, fees, and government-owned enterprises income.

Quantity Theory

An economic theory that links the quantity of money in an economy to the level of prices of goods and services.

Money Supply

At a specific instant, the total monetary assets within an economy, including coins, cash, and the amounts present in checking and savings accounts.

Nominal Interest Rate

The interest rate before adjustments for inflation, representing the face value of interest payments.