The Shortage of Silver in Late Medieval Europe Led to

question 65

Multiple Choice

The shortage of silver in late medieval Europe led to

• A)coin debasement.
• B)inflation.
• C)declining income from peasant dues.
• D)increased war and plunder.
• E)All of these

---

Definitions:

Present Value

The current estimation of a future financial sum or series of payments, when discounted at a specific rate of return.

Discount Rate

The interest rate charged to commercial banks and other depository institutions for loans received from the central bank's discount window; also used in discounted cash flow (DCF) analysis to present value future cash flows.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity and financial stability.

Compounded Monthly

A method of calculating interest where the accumulated interest is added to the principal sum each month, leading to an increase in the total amount of interest earned.