Default Refers to the

question 65

Multiple Choice

Default refers to the

• A) Rate of interest to be paid on a bond.
• B) Amount to be repaid when the bond is due.
• C) Failure to make interest or principal payments on a bond.
• D) Failure of stock to increase in value.

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Definitions:

Declining Birthrates

A decrease in the number of babies born per year, often indicative of changes in societal values, economic conditions, or access to fertility treatments.

Life Expectancy

The average number of years a person can expect to live.

Parents

Adults who have a child or children, either biologically, through adoption, or via other means, and are responsible for their care and upbringing.

Children

Young human beings, typically defined as persons from birth until puberty.