Examine Map 11-1

question 12

Multiple Choice

Examine Map 11-1. In addition to the border states, what areas did the Emancipation Proclamation not affect?

• A) Texas
• B) The western part of Virginia
• C) Most of Georgia
• D) Most of Florida

---

Definitions:

U.S. Inflation

The rate at which the general level of prices for goods and services is rising, and, consequently, the purchasing power of currency is falling within the United States.

Dollar Rally

A situation where the value of the U.S. dollar strengthens significantly against a basket of other currencies.

Foreign Currencies

Currencies used in countries other than one’s own, involved in international trading and foreign exchange markets.

Uncovered Interest Parity

A financial theory stating that the difference in interest rates between two countries equals the expected change in exchange rates between their currencies.