Which of the Following Transformed the Landscape of Western Europe

question 35

Multiple Choice

Which of the following transformed the landscape of western Europe and North America more than any other development?

• A)the automobile
• B)irrigation projects
• C)the telegraph
• D)street lights
• E)new factories

---

Definitions:

Treasury STRIPS

Separate Trading of Registered Interest and Principal of Securities; bonds that are dissected into individual principal and interest payments and sold separately.

Treasury Bond

A long-term government debt security with a fixed interest rate and maturity of more than ten years.

Treasury Bond

Long-term, fixed interest government debt securities with a maturity of more than ten years.

STRIPPED Cash Flows

Cash flows from financial instruments that have been separated from their financial structure, often used in securitization.