Which of the Following Was Not a Reason for Economic

question 96

Multiple Choice

Which of the following was not a reason for economic decline in China after the death of Yongle?

• A) Decreased production of metal
• B) Lack of commercial development
• C) Reemphasis of the classic examination system, rather than commercialism
• D) A switch to growing staple crops instead of commercial crops
• E) Resurgence of the bubonic plague

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Definitions:

Net Profit

The amount of money that remains from revenues after all expenses, taxes, and costs have been subtracted.

Expected Returns

The mean of all the likely returns for an investment or portfolio over a given period, accounting for the risk of those returns.

Portfolio

An assortment of financial assets such as equities, bonds, commodities, money, and near-money assets, encompassing both closed-end funds and exchange-traded funds (ETFs).

Coefficient Of Correlation

A statistical measure that calculates the strength and direction of a linear relationship between two variables, ranging from -1 to 1.