The Major Type of Currency Used in the Southern Region

question 30

Multiple Choice

The major type of currency used in the southern region of the Sahara was

• A)salt.
• B)water in camel bags.
• C)gold dust.
• D)coins.
• E)spices and trinkets from Northern Africa.

---

Definitions:

Countercyclical Stock

A stock whose performance is inversely related to the economy's performance, typically doing well during economic downturns.

Capital Asset Pricing Model

A model that describes the relationship between systematic risk and expected return for assets, particularly stocks. It is widely used for pricing risky securities.

Market Rate

The prevailing interest rate available in the marketplace on investments, loans, and deposits.

Expected Rate

Expected Rate often refers to the return that investors anticipate earning on an investment over a certain period.