Which Statement About the Peasantry in Europe at the Start

question 22

Multiple Choice

Which statement about the peasantry in Europe at the start of the sixteenth century is NOT true?​

• A)​They represented about 85-90% of the total population.
• B)​Serfdom in the manorial system had been eliminated.
• C)​Most peasants paid rent in cash instead of labor.
• D)​An increasing number of peasants in Europe were legally free by 1500.
• E)​Many peasants were resentful and sought to keep a greater share of benefits from their labor.

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Definitions:

Future Value Factor

A factor used to calculate the future value of a cash flow at a certain rate of interest over a specific number of periods.

Interest Rate

is the percentage of principal charged by the lender for the use of its money or the return earned on deposit accounts.

Present Value

The current value of a future amount of money or stream of cash flows, discounted at a particular interest rate.

Simple Interest

Interest assessed only on the principal sum, or on the part of the principal that still needs to be repaid.