Which of the Following Is Not One of the Four

question 20

Multiple Choice

Which of the following is not one of the four broad political systems found in the world today?

• A)Monarchies
• B)Authoritarian regimes
• C)Totalitarian systems
• D)Socialist systems

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Definitions:

T-bill Rate

The yield or interest rate on Treasury bills, which are short-term debt securities issued by the U.S. government.

Futures Contract

A standardized legal agreement to buy or sell a particular commodity or financial asset at a predetermined price at a specified time in the future.

Spot Price

The present market cost at which an asset can be purchased or sold for instant delivery.

Contract Maturity

The specified date on which the contract expires and the financial transaction must be settled or completed.