All of the Following Is an Accurate Description of the Young

question 2

Multiple Choice

All of the following is an accurate description of the young American nation except

• A) its population was still about 90 percent rural.
• B) the first official census of 1790 recorded almost 4 million people.
• C) all but 5 percent of the people lived east of the Appalachian Mountains.
• D) a majority of the population was branching out west of the Appalachian Mountains.
• E) foreign visitors looked down at the roughness and crudity of the pioneering life.

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Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

Surplus

The amount by which revenue exceeds expenses in a given period, indicating a positive financial state.

Share Option

A right granted by a company to its employees or executives to purchase shares in the company at a preset price, often used as part of compensation packages.

Exercise Price

The specified price at which an option holder can buy (call) or sell (put) the underlying security or commodity.