The "Year Without a Summer" May Have Been Caused by ____

question 8

Multiple Choice

The "year without a summer" may have been caused by ____.

• A) soot from coal fires
• B) particulate matter and gases from volcanoes
• C) a dust cloud produced when a meteorite collided with the earth
• D) deforestation

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Definitions:

Promissory Note

A signed document containing a pledge to pay a stated sum to a specified person under agreed conditions, reinforcing the obligation to fulfill monetary commitments.

T-bills

Short-term government securities with maturity periods typically less than a year, used as a financial instrument to manage short-term liquidity.

Simple Interest

Interest calculated only on the principal amount, not on accumulated interest.

Discount Rate

The discount rate applied in the evaluation of discounted cash flow to ascertain the current worth of anticipated future cash flows.