What Most Accurately Describes the U

question 7

Multiple Choice

What most accurately describes the U.S. compared to other nations in the early 1900s?

• A) The U.S., which was still quite young, was one of the least productive nations in the world in both the agricultural and manufacturing sectors.
• B) The U.S., Great Britain and Germany were the three most industrialized nations.
• C) The industrial output in the U.S. was about average compared the rest of the nations in the world.
• D) The U.S., which had large supplies of land, had a highly productive agricultural sector, but its industrial productivity was quite low relative to that of other nations.

---

Definitions:

Compounded Quarterly

The method of calculating interest where the accumulated interest is added to the principal amount after each quarter.

Future Value

The worth of a current asset on a certain future date, calculated by presuming a specific growth rate over a period.

Deposit Today

An amount of money placed into a financial account or investment at the present time.