The Wealthiest, Most Sophisticated, and Longest-Lasting Hellenistic Kingdom Was

question 32

Multiple Choice

The wealthiest, most sophisticated, and longest-lasting Hellenistic kingdom was

• A)the Seleucid Empire.
• B)the Antigonid kingdom.
• C)Ptolemaic Egypt.
• D)Pergamum.
• E)Athens.

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Definitions:

Pure Exchange Economy

An economic model where all agents are consumers, and the only economic activities are the consumption and exchange of goods, with no production.

Numeraire

A standard unit of account in which prices and values are expressed; it serves as a measure for comparing the worth of goods or services.

Endowed

Provided with a quality, ability, or asset.

Perfect Substitutes

Goods that can be used in place of each other with no loss of utility by the consumer.