All of the Following Occurred as a Result of the Tennessee

question 146

Multiple Choice

All of the following occurred as a result of the Tennessee Valley Authority EXCEPT

• A) significant reduction in poverty in the region.
• B) improvements to water transportation.
• C) electricity being provided to thousands of new users.
• D) flooding being almost entirely eliminated in the affected region.
• E) a decline in the cost of power from private companies.

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Definitions:

Long-Term Debt

Debt that is due for repayment more than one year into the future.

Equity Securities

Financial assets representing ownership interest in a company, such as stocks, that provide voting rights and potential dividends.

Securities

Financial instruments representing ownership (stocks), a debt agreement (bonds), or rights to ownership (derivatives).

Asset

Any resource owned or controlled by a business or an individual with the expectation that it will provide future economic benefits.