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question 22

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Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-A phenomenon that brought popular movements, multiparty elections, and new constitutions to many countries throughout the world. The most extensive expression of this phenomenon was in developing countries in Latin America, Africa, and Asia.


Definitions:

Risk-free Rate

The expected yield from an investment that carries no risk of losing money, often identified by the returns on government bonds.

Futures Market

A financial exchange where people can trade standardized futures contracts; that is, a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future.

Stock Index Futures

Futures contracts that obligate the buyer to purchase or the seller to sell a specific stock index at a predetermined future date and price.

Multiplier

A factor that quantifies the impact of a change in one economic variable (like investment or government spending) on the overall economy, especially on national income.

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