CAT Questions

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Molten rock inside the earth is called Magma.

The social security is a welfare plan and an insurance company that regulates the benefits for survivors of deceased workers, disabled workers, retirees and death as well as survivorship benefits.

A 10 year, 5% coupon bond has the greatest interest rate price risk.

Comments are Non Executable statements in program & Explain program logic.

The multiplier effect means that "An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent."

The Homestead Strike was when, in 1892, Andrew Carnegie reduced wages at his steel mills in Homestead, Pennsylvania and the union workers refused to accept the cut. The company locked out the union workers and hired nonunion labor and 300 armed guards. The locked out workers gathered weapons and , on July 6, a battle broke out killing ten people.