Which of the Following Sailed Around the Cape of Good

question 73

Multiple Choice

Which of the following sailed around the Cape of Good Hope and across the Indian Ocean to India?

• A) Ferdinand Magellan
• B) Vasco da Gama
• C) Bartholomeu Dias
• D) Christopher Columbus
• E) Henry the Navigator

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Definitions:

Unemployment Rate

The ratio of workers in the labor force who are unemployed and on the hunt for a job.

Inflationary Pressure

Situations or conditions that lead to an increase in prices across the economy, possibly reducing the purchasing power of money.

Market Interest Rate

The prevailing rate of interest available in the loanable funds market, influenced by supply and demand for credit, central bank policy, and investors’ expectations.

Anti-inflation

Measures and policies implemented to reduce or control the rate of inflation in an economy.