Which of the Following Cannot Be Associated with the Price

question 13

Multiple Choice

Which of the following cannot be associated with the Price Revolution?

• A)Expanding trade and industry
• B)Wide-ranging changes in agriculture
• C)A general optimism and effective action by governments to control inflation
• D)Exceptionally rapid inflation of cereal prices
• E)The influx of silver from the New World

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Definitions:

Housing

Refers to residential structures that provide shelter or accommodation, including apartments, houses, and other types of living spaces.

Injustice

The situation or practice where fairness and rights are not upheld, often leading to unequal treatment or discrimination.

Positive Economic Statement

An objective statement based on facts that can be tested and validated.

Normative Economic Statement

A perspective or opinion in economics that reflects viewpoints on how the economy should work, as opposed to how it actually works.