What was not one of the Constitutional compromises about slavery?
a. Limited the importation of slaves to 20 years
b. Northern states had to abide by the Southern states' slavery laws
c. Prevented imported slaves from being taxed
d. Slaves counted a 60% of a person for congressional representation
c. Prevented imported slaves from being taxed.
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"As interest rates rise, people save more money." A graph displaying this relationship would show
A) an inverse relationship. B) a positive relationship. C) a cross-section graph. D) a positive then a negative relationship.
Refer to Figure 7-3. What is the value of revenue to foreign producers who are granted permission to sell in the U.S. market when there is a quota?
A) $12 million B) $17.25 million C) $20 million D) $44 million
A relatively flat aggregate demand curve indicates that
A) velocity is relatively constant. B) the economy is near full employment. C) inflation is relatively low. D) spending is sensitive to changes in the price level.
There's a call option written for 100 shares of GM stock for $85.00 a share, prior to the third Friday of October 2017: The option writer:
A. has the option to back out of this contract prior to the third Friday of October 2017. B. will sell 100 shares of GM for $85.00 on the third Friday of October 2017. C. has the option but not the requirement of selling 100 shares of GM for $85.00. D. is required to post margin.