Although Early Writing Was Produced Using Pointed Sticks,Sumerian Scribes Circa

question 49

Multiple Choice

Although early writing was produced using pointed sticks,Sumerian scribes circa 3100 B.C.E.advanced writing with durable reeds that:

• A) almost anyone could use to produce simple documents.
• B) allowed the production of clay tablets without costly baking.
• C) were exclusively used by the priest class.
• D) produced wedge-like script called cuneiform.
• E) could be used to eat with as well as write.

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Pure Interest Rate

The earning power of money. An interest rate without an inflation component or premiums for risk.

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A rare financial situation where long-term debt instruments have a lower yield than short-term debt instruments of the same credit quality.

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Interest rates applicable on loans or financial instruments that are due for payment within a short timeframe, typically less than one year.

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