When Democratic Governments Came into Existence,tax and Food Riots and Other

question 49

Multiple Choice

When democratic governments came into existence,tax and food riots and other forms of protest greatly diminished.Why?

• A)Citizens had less-disruptive ways to express themselves.
• B)A government safety net ensured basic needs were met.
• C)Social scientists have been studying this phenomenon but do not have a conclusive answer.
• D)The wealth of citizens increased dramatically with democratic freedoms and liberty.
• E)None of these answers is correct.

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Definitions:

Exercise Price

The predetermined price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Call Option

A financial contract giving the buyer the right, but not the obligation, to purchase a stock or other asset at a specified price within a specified time.

Risk-free Rate

Often considered as the return on government securities, it represents the interest an investor would expect from an absolutely risk-free investment over a specified period.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified period.