Which of the Following Was Not an Area in Which

question 52

Multiple Choice

Which of the following was not an area in which the early Ming Empire stimulated high achievement?

• A)literature
• B)decorative arts
• C)painting
• D)whipbuilding
• E)All of these are correct.

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Definitions:

Real Rate

The interest rate that has been adjusted for inflation, reflecting the real cost of borrowing or the real yield on an investment.

Inflationary Premium

A component of the money interest rate that reflects compensation to the lender for the expected decrease, due to inflation, in the purchasing power of the principal and interest during the course of the loan. It is determined by the expected rate of future inflation.

Consume Goods

The act of using up goods and services for personal needs or consumption.

Save Money

The practice of reducing expenditures or setting aside funds to increase financial security or for future use.