In the second paragraph, select the sentence that describes a solution to a problem.For questions 12...【小站备考】

The nineteenth century marked a revolutionary change in the way that wealth was perceived in England.As landed wealth gave way to monied wealth, investments became increasingly speculative.

A popular investment vehicle was the three-percent consol which took its name from the fact that it paid three pounds on a hundred pound investment.The drawback to the consol was that once issued, there was no easy way for the government to buy back the debt.To address the problem, the British government instituted a sinking fund, using tax revenue to buy back the bonds in the open market.The fact that the consol had no fixed maturity date ensured that any change in interest rate was fully reflected in the capital value of the bond.The often wild fluctuation of interest rates ensured the consol’s popularity with speculative traders.

Question 10

In the second paragraph, select the sentence that describes a solution to a problem.

For questions 12 through 15, select the two answer choices that, when used to complete the sentence, fit the meaning of the sentence as a whole and produce completed sentences that are alike in meaning.

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Question 10

In the second paragraph, select the sentence that describes a solution to a problem.

For questions 12 through 15, select the two answer choices that, when used to complete the sentence, fit the meaning of the sentence as a whole and produce completed sentences that are alike in meaning.

Question 10

In the second paragraph, select the sentence that describes a solution to a problem.

For questions 12 through 15, select the two answer choices that, when used to complete the sentence, fit the meaning of the sentence as a whole and produce completed sentences that are alike in meaning.

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Question 10

In the second paragraph, select the sentence that describes a solution to a problem.For questions 12 through 15, select the two answer choices that, when used to complete the sentence, fit the meaning of the sentence as a whole and produce completed sentences that are alike in meaning.

Question 10

In the second paragraph, select the sentence that describes a solution to a problem.For questions 12 through 15, select the two answer choices that, when used to complete the sentence, fit the meaning of the sentence as a whole and produce completed sentences that are alike in meaning.

Medi

terr

anean

In the second paragraph, select the sentence that describes a solution to a problem.

For questions 12 through 15, select the two answer choices that, when used to complete the sentence, fit the meaning of the sentence as a whole and produce completed sentences that are alike in meaning.

In the second paragraph, select the sentence that describes a solution to a problem.

For questions 12 through 15, select the two answer choices that, when used to complete the sentence, fit the meaning of the sentence as a whole and produce completed sentences that are alike in meaning.