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What Do Less Rigorous Teaching, Dummied Down Textbooks and Less

question 2

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What do less rigorous teaching, dummied down textbooks and less reading have in common with watching television, and playing video and computer games?


Definitions:

Semiannually

Occurring twice a year or every six months.

Present Value

The current assessment of a future cash sum or cash flow streams, discounted at a defined rate of return.

Coupon

The interest payment made to bondholders, typically expressed as an annual percentage of the bond's face value.

Coupon Bond

A type of bond that offers periodic interest payments to the holder through fixed "coupons" and the return of the principal at maturity.

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