Under Vladimir Putin's Presidency, All of the Following Occurred Except

question 90

Multiple Choice

Under Vladimir Putin's presidency, all of the following occurred except

• A)power was centralized in the federal government.
• B)Russia ended its war in Chechnya.
• C)as many as 40 percent of the population lived in poverty.
• D)the economy grew significantly and the government had a budget surplus.
• E)the economy significantly depended upon exports of oil and natural gas.

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Definitions:

Rate Of Return

The earning or losing of funds on an investment throughout a defined timeframe, detailed as a percentage of the original amount invested.

Profits

The financial gain made in a transaction or operation, calculated as the difference between revenue and costs.

Compounded Annually

This refers to the process where interest is added to the principal sum, so that from that moment on, the interest that has been added also earns interest, being calculated and added to the account annually.

Simple Interest

Interest calculated on the principal amount of a loan or deposit, without compounding over time.