Why Was Justinian's Codification of Roman Law Used in the West

question 64

Multiple Choice

Why was Justinian's codification of Roman law used in the West?

• A) It was written in Latin.
• B) Its success for the Byzantine convinced Western leaders to try it.
• C) It was accessible when other texts at the time were not.
• D) Its ideas proved to be appealing to a Western culture.
• E) It was delivered to Western leaders by respected Eastern academics.

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Definitions:

Real Interest Rate

The rate of interest an investor expects to receive after inflation has been accounted for.

Time Preference

An individual's preference for receiving goods, services, or money now rather than in the future, often influencing economic decisions.

Inflation Rate

The percentage increase in the general level of prices for goods and services over a period, reducing purchasing power.

Money Rate

Refers to the interest rate or the cost of borrowing money, which can influence economic activity by affecting consumer spending and investment.