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Ulrich BPhillips's Proxy for the Profitability of Slavery Was the Ratio

Question 21

Multiple Choice

Ulrich B.Phillips's proxy for the profitability of slavery was the ratio of _____ to _____.


A) Cotton prices;slave prices.
B) Cotton prices;maintenance costs of slaves.
C) Rental cost of slaves;slave prices.
D) Price of agricultural goods;price of manufacturing goods.
E) The interest rate;maintenance cost of slaves.

Correct Answer:

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