What Led Directly to Savonarola's Death

question 15

Multiple Choice

What led directly to Savonarola's death?

• A) His blasphemy of St. Peter
• B) His founding of a heretical sect
• C) His refusal to move to Rome
• D) His accusation of the pope's sexual immorality
• E) His burning of a papal decree

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Definitions:

Bretton Woods Agreement

An international financial system established in 1944, creating fixed exchange rates, the International Monetary Fund (IMF), and the World Bank to promote global economic stability.

Price Volatility

The degree to which the price of an asset, security, or commodity fluctuates over time.

Put Option

A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Call Option

A fiscal arrangement that permits the owner to optionally buy a stock, bond, commodity, or another asset at a pre-specified price within a certain period, without being obliged to do so.