Dana Defaults on a Debt to Rachel

question 54

Multiple Choice

Dana defaults on a debt to Rachel. Rachel will NOT be able to recover the debt from

• A) the sale of Dana's prize winning pet dog.
• B) the sale of Dana's investments in stocks.
• C) Dana's wages.
• D) Dana's lottery winnings.

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Definitions:

Doubled

Refers to an increase by 100% or a situation where a quantity has become twice as large.

Quantity Theory

The theory in economics that the quantity of money available in an economy is the major determinant of the economic activity level, prices, and inflation.

Crude Quantity

An initial, unrefined estimate of the amount or volume of a substance or material.

Grief

The emotional suffering one feels when something or someone the individual loves is taken away.