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:

Strip Bond

A financial instrument obtained by separating the coupons from the principal of a bond, which then sells each part as a zero-coupon bond.

Semi-Annually Compounded

Pertaining to the interest calculation method where the interest is compounded and added to the principal amount twice a year.

Compounded Annually

The process of earning interest on both the initial principal and the accumulated interest from previous periods on an annual basis.

Compounded Annually

The calculation of interest on the initial principal and the interest accumulated over the previous periods once a year.