Which of the Following Statements Is True

question 47

Multiple Choice

Which of the following statements is true?

• A) The lungs can remove larger amounts of acid from the body than the kidneys.
• B) The kidneys can remove larger amounts of acid from the body than the lungs.
• C) Unlike the lungs, the kidneys can remove base from the body.
• D) Both B and C are true.

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Definitions:

Settlement Price

The settlement price is the official price at the end of a trading session on futures exchanges, used for calculations of account margins.

Zero-Sum Game

A situation in which one participant's gain or loss is exactly balanced by the losses or gains of the other participants.

Fixed Rate

An interest rate that remains constant over the specified term of a loan or financial instrument, regardless of market fluctuations.

Variable Rate

An interest rate that can change, in contrast to a fixed interest rate, and is often associated with loans or savings accounts.