Which of the Following Was Done to Pay for the Defense

question 58

Multiple Choice

Which of the following was done to pay for the defense of the colonies during the French and Indian War?

• A) The British government sought compensation from the French.
• B) Taxes were imposed equally across the British Empire.
• C) The British government decided to impose taxes on the American colonies.
• D) American colonists imposed a tax on themselves.
• E) The British government imposed a tax on the landed aristocracy of Britain.

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Definitions:

Most Elastic

Refers to the responsiveness of demand or supply to changes in price or income, with "most elastic" indicating the greatest sensitivity.

Quantity Demanded

The sum total of a service or good that individuals are interested in buying and can afford at an established price.

Price

The monetary contribution expected, required, or made for acquiring something.

Most Inelastic

Describes goods or services with a demand that is least responsive to price changes; price changes have little effect on the quantity demanded.