What Event Occurred in 1877 in the South That Brought

question 10

Multiple Choice

What event occurred in 1877 in the South that brought about rapid legal discrimination against blacks?

• A)a backlash against the civil rights movement
• B)the religious revival movement
• C)the removal of federal troops
• D)several state legislature elections that brought racist leadership into power
• E)a severe depression that reduced the economic power of the black population

Comprehend the concepts of bond premium and discount including their amortization.

Understand the nature of bonds as interest-bearing notes and their contractual aspects.

Grasp the relationship between bondholders and the issuing corporation, including the hierarchy of claims.

Understand the methods for amortizing bond discounts and premiums, including the straight-line and effective interest rate methods.

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Definitions:

Transfer Payments

Payments made by the government to individuals or other entities without the government receiving any goods or services in return, such as welfare benefits or social security.

Net Exports

Net Exports is the value of a country's total exports minus the value of its total imports, indicating whether a country is a net exporter or importer.

U.S. GDP

Gross Domestic Product of the United States, measuring the total economic output of goods and services.

Investment Spending

The expenditure on new physical capital, such as buildings and machinery, by businesses, and includes construction of new homes by households.