Match Each Description with the Item Below

question 23

Multiple Choice

Match each description with the item below.
-William Howard Taft

• A)was secretary of state under McKinley and Roosevelt and called the Spanish-American War "a splendid little war"
• B)was a presidential candidate in 1900 who condemned the conflict with Filipino nationalists as "an unnecessary war"
• C)wrote Our Country and applied the concept of "natural selection" to American foreign policy
• D)negotiated an agreement with Japan concerning the future of Korea and was said to practice "dollar diplomacy"
• E)led a nationalist rebellion against American forces in the Philippines and was named president there
• F)owned the New York Journal and believed in the power of newspapers to shape public opinion and legislation
• G)proved that mosquitoes carry yellow fever and led a commission that helped enable effective control of the disease
• H)wrote The Influence of Sea Power upon History and was president of the U.S. Naval War College
• I)opposed the growth of American influence in Hawaii but was overthrown by haoles
• J)captured Manila Bay without having any soldiers go onshore

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Definitions:

Risky Asset

A financial instrument whose future returns are uncertain and subject to a wide variety of outcomes.

Capital Allocation Line

A graphical representation used in finance to show possible rates of return for portfolios with different levels of risk.

Lending Rate

The interest rate charged by banks on loans extended to clients.

Borrowing Rate

The interest rate that a borrower is charged for the use of borrowed funds, typically expressed as an annual percentage.