Of the Delegates to the Constitutional Convention Were College Graduates

question 16

Multiple Choice

of the delegates to the Constitutional Convention were college graduates.

• A) None
• B) About one-half
• C) Thirty-three
• D) Nineteen
• E) All

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Definitions:

Marginal Cost

The money required to produce an additional unit of a product or service.

Marginal Benefit

The supplementary value derived from the consumption of an extra unit of a good or service.

Interest-Rate Cost-Of-Funds

This refers to the expense incurred by institutions when borrowing funds, influenced by the current interest rates.

Marginal Cost-Of-Funds

The additional cost of obtaining one more unit of funding.