How Was the Reign of Louis IX Considered a Model

question 9

Multiple Choice

How was the reign of Louis IX considered a model of "perfect rule"?

• A) He was a reformer, embracing freedom of thought.
• B) He established the structure of the Church's hierarchy of offices.
• C) He reformed Church music to antiphonal response.
• D) He financially supported the emerging Gothic style in France.

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Definitions:

Cost of Capital

The return rate that a firm needs to achieve to cover the cost of generating funds in the marketplace, essentially what it must pay in order to use capital.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

GDP Growth

An increase in a country's gross domestic product over time, indicating economic expansion.

Cost of Capital

The cost of funds used for financing a business, often considered as the required rate of return to make a capital budgeting project, such as building a new factory, worthwhile.