Lack of Precision Is a Word Barrier That Occurs When

question 72

Multiple Choice

Lack of precision is a word barrier that occurs when

• A) change is not considered when labelling people and events.
• B) people and things are lumped together.
• C) language reflects bias.
• D) words are used inappropriately or imprecisely.

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Definitions:

Purchasing Power

The value of currency expressed in terms of the amount of goods or services that one unit of money can buy.

Inflation

The measure of growth in the overall price level for products and services, devaluing the currency's purchasing power.

Premium Bond

A bond sold at a price higher than its face value, typically occurring when it has a higher interest rate than the current market rate.

Face Value

The original value of a financial instrument as indicated on the certificate or instrument itself, equivalent to its par value.