Between 1880 and 1896 the Average Level of Prices in the U.S.economy

question 12

Multiple Choice

Between 1880 and 1896 the average level of prices in the U.S.economy

• A)fell 23 percent.
• B)fell 4 percent.
• C)rose 23 percent.
• D)rose 50 percent.

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Definitions:

Available-For-Sale

A classification of financial assets indicating that they are not held for trading or long-term investment purposes, and their value can be adjusted based on market valuations.

Realized Gain

The profit earned from the sale of an asset, which has been converted from an unrealized gain into cash or an equivalent.