Your Textbook Authors Point Out That to Represent the Flooding

question 119

Multiple Choice

Your textbook authors point out that to represent the flooding and deaths associated with Hurricane Katrina (2005) as a "natural" disaster is misleading because it ignores

• A) political & social factors.
• B) cultural and religious factors.

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Definitions:

Dividends

Payments made by a corporation to its shareholders out of its profits or reserves.

Tax-exempt Interest

Interest income that is not subject to federal income tax, such as that earned from certain municipal bonds.

Interest on a Savings Account

The amount paid by a bank or financial institution to depositors for holding money in a savings account.

Municipal Bonds

Municipal bonds are debt securities issued by states, cities, and other governmental entities to fund public projects, and typically offer tax-free interest payments to investors.