According to the Introductory Video in Section 2

question 12

Multiple Choice

According to the introductory video in section 2.3,where did Hernán Cortés go to find gold?

• A) Mexico
• B) Peru
• C) Roanoke
• D) Canada

---

Definitions:

Deflation

A decrease in the general price level of goods and services, often caused by a reduction in the supply of money or credit.

Wages

Payments made to workers for their labor, typically based on hours worked or amount produced, and a key factor in employment contracts.

Rent

Payment made periodically by a lessee to a lessor for the use of land, a building, or another property.

Profits

The financial gain obtained when revenue from business activities exceeds expenses and taxes.