Which of the Following Was Not Among the Issues That

question 41

Multiple Choice

Which of the following was not among the issues that concerned southerners in 1849-1850?

• A) The political balance in the Senate might tip against them.
• B) The admission of California as a free state might set a precedent for Utah and New Mexico.
• C) Northern abolitionists were agitating against slavery in the District of Columbia.
• D) The loss of runaway slaves through the Underground Railroad.
• E) There was a growing chance that a constitutional amendment would abolish slavery.

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Definitions:

Rising Interest Rates

A situation in which the cost of borrowing money increases, often due to central bank policies.

Speculative Motive

The intent to hold cash for the purpose of taking advantage of future financial opportunities that may arise.

Opportunity Cost

The loss of potential gain from other alternatives when one particular alternative is chosen.

Rate Of Interest

The percentage of an amount of money which is charged for its use per period of time, often expressed annually.