Rousseau Did Not Approve Of

question 41

Multiple Choice

Rousseau did not approve of:

• A) submitting one's rights to the general will.
• B) government by elected representatives.
• C) professional soldiers.
• D) Both A and B
• E) Both B and C

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Definitions:

Inflation Premium

The additional yield that investors demand on securities to compensate for the loss of purchasing power due to inflation.

Nominal Interest Rate

The stated interest rate of a bond or loan, which does not account for inflation or the compounding of interest.

Bond Yield

The return an investor realizes on a bond, calculated as the annual interest payment divided by the bond's current market price.

Face Value

Face value refers to the nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.