The Revolution Spawned All of the Following Economic Conditions Except

question 70

Multiple Choice

The Revolution spawned all of the following economic conditions except  

• A) speculation and profiteering.
• B) extensive borrowing by state governments that left them buried in debt.
• C) runaway deflation.
• D) the opening of new foreign markets.
• E) unhealthy levels of high inflation that proved ruinous to many American citizens.

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Definitions:

Market Rate Of Return

The average rate of return anticipated by investors in a particular market, benchmarked against existing interest rates or historical returns.

Dividend

A portion of a company's profits allocated by the board of directors to its shareholders.

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, typically with fixed dividends and without voting rights.

Rate Of Interest

The percent of principal charged by the lender for the use of its money.