_______ Was the Only North American Colony, and Later State

question 26

Multiple Choice

_______ was the only North American colony, and later state, in which African Americans outnumbered those of European descent.

• A) South Carolina
• B) Georgia
• C) Florida
• D) Rhode Island

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Definitions:

Loanable Funds

The funds available in the financial markets for lending and borrowing.

Equilibrium Quantity

The quantity of goods or services supplied that is exactly equal to the quantity demanded at the market's equilibrium price.

Social Insurance

Programs designed to provide protection against economic risks (such as unemployment, disability, or old age) largely based on contributions that reflect a person's earnings.

Loanable Funds

The pool of money available for borrowing in the financial markets, governed by interest rates, which balance the supply of savers and the demand by borrowers.