Which of the Following Statements About the History of Interest

question 20

Multiple Choice

Which of the following statements about the history of interest groups in the United States is LEAST accurate?

• A) Although nineteenth-century women participated in campaigns for moral reform, they did not pursue a greater political role.
• B) Before the Civil War, abolitionists created societies intended to pressure the government into adopting antislavery legislation.
• C) The creation of a national railroad system went hand-in-hand with the emergence of lobbyists seeking government perks and favorable legislation.
• D) In the late nineteenth century, many farmers reacted against economic change by joining interest groups such as the Grange.
• E) The power and prominence of interest groups developed partly in response to the declining organizational strength of traditional political parties.

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Definitions:

Per Month

A recurring period or frequency, indicating that an action or event occurs or is calculated on a monthly basis.

Effective Rate

The actual interest rate an investor earns or pays on an investment or loan, taking into account the compounding of interest.

Per Month

A recurring or regular interval of payment or calculation that occurs every month.

Strip Bonds

Bonds that have had their principal and coupon payments separated, or "stripped", creating two distinct types of securities: zero-coupon bonds and interest payment coupons.