Which of the Following Is Incorrect in Relation to How

question 1

Multiple Choice

Which of the following is incorrect in relation to how the Articles of Confederation affected the governing of the United States?

• A)Instead of establishing a capital city,it rotated the honor between states.
• B)It established a set currency nationwide that provided the foundation for a stable economy.
• C)It was created intentionally weak so that the independence of the states would be protected.
• D)The method of changing the Articles was intentionally difficult to prevent it from occurring.
• E)Without a national executive,there was no way to enforce its own laws.

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Definitions:

Finance Assets

Financial assets specifically purchased, created, or held for the purpose of generating income through investment or lending activities.

Financial Leverage

The use of borrowed funds with a fixed cost in order to increase the potential return to shareholders.

Incremental

Relating to or denoting an increase or addition, especially one of a series on a fixed scale.

After-tax Cost

The cost of financing or an expense after accounting for the effects of income tax, often used to compare the true costs of financing options.