What were the two main sources of population increases during the antebellum period?
(a) a significant increase in the number of indentured servants and slaves
(b) immigration and a natural increase in population
(c) government policies providing incentive to procreate and advanced pre-natal care
(d) longer life expectancies and high infant mortality rates
(b)
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If real GDP exceeded potential real GDP and inflation was increasing, which of the following would be an appropriate fiscal policy?
A) an increase in oil prices B) an increase in taxes C) an increase in government spending D) a decrease in the money supply and an increase in the interest rate
George Washington's troops at Valley Forge were almost destroyed by price controls
a. True b. False Indicate whether the statement is true or false
Consider luxury weekend hotel packages in Las Vegas. When the price is $250, the quantity demanded is 2,000 packages per week. When the price is $280, the quantity demanded is 1,700 packages per week. Using the midpoint method, the price elasticity of demand is about
a. 1.43, and an increase in the price will cause hotels' total revenue to decrease. b. 1.43, and an increase in the price will cause hotels' total revenue to increase. c. 0.70, and an increase in the price will cause hotels' total revenue to decrease. d. 0.70, and an increase in the price will cause hotels' total revenue to increase.
___ are positive thoughts about the spokesperson or organization making the claims
Fill in the blank(s) with the appropriate word(s).