Which of the Following Inventions Introduced Flexibility in the Location

question 64

Multiple Choice

Which of the following inventions introduced flexibility in the location of factories?

• A) railroads
• B) Hydro-electric power plants
• C) water frame spinning
• D) The steam engine
• E) Wind energy

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Definitions:

Short-Term Collateralized

Financial arrangements that involve the use of assets as collateral for a short-duration loan.

Repurchase Agreement

A short-term borrowing agreement where one party sells securities and agrees to repurchase them at a higher price at a later date.

Municipal Bond

A bond issued by local or state governments to finance public projects, often offering tax-exempt interest payments.

Taxable Equivalent Yield

Taxable equivalent yield calculates the yield a taxable bond needs to match the after-tax yield of a tax-exempt bond, considering the investor's tax rate.