The Political Significance of the Great Compromise and the Three-Fifths

question 22

Multiple Choice

The political significance of the Great Compromise and the Three-Fifths Compromise was to

• A)reinforce the unity of the New England merchants and the southern planters.
• B)exacerbate tensions between the New England merchants and the southern planters.
• C)transfer power from the Senate majority leader to the vice president.
• D)increase public support for the establishment of a national bank.

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Definitions:

Hedge Effectiveness

A measure of how well a hedge transaction reduces the risk of the exposure that the hedge was intended to protect against.

Economic Relationship

Refers to the interactions between different economic variables or entities, such as the connection between supply and demand or investment and economic growth.

Hedge Ratio

A ratio used to measure the proportion of a position that is hedged, indicating the effectiveness of a hedge against fluctuations.

Fair Value Hedge

A hedge of the exposure to changes in the fair value of a recognized asset or liability or an unrecognized firm commitment, or some component thereof, that is attributable to a particular risk and could affect profit or loss.