What Information Does the World Bank's "Rigidity of Employment Index

question 45

Multiple Choice

What information does the World Bank's "rigidity of employment index" provide?

• A) a summary of the average length of unemployment over a 5-year period
• B) a measure of the effects of shrinking manufacturing firms in developed nations
• C) a summary of firms' costs for hiring,firing,and adjusting employment hours
• D) a measure of the available government assistance for workers seeking employment

Identify the most marketable money market securities and their features.

Comprehend the concept of earning interest on T-bills and other short-term securities.

Recognize major global stock market indexes and their measurement criteria.

Describe the roles and functions of central bank deposits and money market instruments.

---

Definitions:

Per Month

A term indicating the occurrence or measurement of something on a monthly basis.

Compounded Quarterly

Interest on an investment or loan calculated four times a year, adding each interest payment to the principal for future calculations.

Compounded Monthly

A system for calculating interest on a monthly cycle, including the original deposit or loan amount plus the accumulated interest from earlier cycles.

Promissory Note

A written promise to pay a specified sum of money to a designated party at either a fixed or determinable future date.