The 104 Settlers Who Remained in Virginia After the Ships

question 126

Multiple Choice

The 104 settlers who remained in Virginia after the ships that brought them from England returned home:

• A) were all men,reflecting the Virginia Company's interest in searching for gold as opposed to building a functioning society.
• B) included women and children,because the Virginia Company realized that a stable society would improve the settlers' chances of success,economic and otherwise.
• C) included representatives of several other countries,part of England's effort to build a strong network of supporters in case of Spanish attack.
• D) built the second permanent British settlement in North America after Roanoke.
• E) were only half of those who originally set sail; the rest turned around and went back.

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Definitions:

Price Level

A measure of the average prices of goods and services in an economy at a specific point in time.

Aggregate Demand Curve

A graphical representation showing the relationship between the overall price level in an economy and the total demand for goods and services at that price level.

Aggregate Demand Curve

A graphical representation that shows the total quantity of goods and services that all buyers in an economy (including consumers, businesses, and government) are willing and able to purchase at different price levels.

Nominal Income

The amount of income earned in current prices, without adjusting for inflation or deflation, representing the face value of wages, rents, interest, and profits.