In Pre-Copernican Astronomy, It Was Almost Universally Believed That

question 101

Multiple Choice

In pre-Copernican astronomy, it was almost universally believed that

• A)the planets traveled in elliptical orbits about Earth.
• B)the center of the universe was the Sun with the Milky Way representing other distant planets.
• C)the Sun was at the center of the universe.
• D)Earth was at the center of the universe.
• E)None of the above was believed.

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Definitions:

Disposable Income

The fiscal capacity for households to commit to spending and saving following income taxation.

Savings

The portion of income not spent on consumption but kept aside for future use, often in a bank or other financial instruments.

Liquid Assets

Refers to assets that can be quickly and easily converted into cash without significant loss in value.

Disposable Income

Monetary resources for household use in saving and spending subsequent to income tax deductions.