The Following Is an Excerpt from the Florentine Merchant and Historian

question 12

Multiple Choice

The following is an excerpt from the Florentine merchant and historian Benedetto Dei's description of his home city: "Our beautiful Florence contains within the city in this present year two hundred seventy shops belonging to the wool merchants' guild . . . eighty-three rich and splendid warehouses of the silk merchants' guild. . . . The number of banks amounts to thirty-three; the shops of the cabinet-makers, whose business is carving and inlaid work, to eighty-four . . . there are forty-four goldsmiths' and jewellers' shops."
What does this passage suggest about Florence?

• A)That Florentines were uncomfortable with borrowing and lending money at interest
• B)That the pottery industry was very important to the city
• C)That the city's economy was built around agriculture
• D)That there was high demand for luxury items in the city

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Definitions:

Ratios

Metrics derived from a financial analysis that provide insights into a company's performance, liquidity, profitability, and solvency.

Constant

A value that does not change and remains fixed under specified conditions.

Independent Samples

Refers to two or more groups of samples that are selected from a population, where the selection of a sample does not influence the selection of the other samples.

Pre- And Post-Test

Assessments conducted before and after an intervention or educational program to measure the effectiveness of the program.