Which region in the New World received the largest share of slaves?
a. Brazil
b. Colonial America
c. Cuba
d. Canada
a. Brazil
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If the mangers of Golden Bread, a large bakery, acquire a wheat farm to produce the flour for their bread, the managers of Golden Bread are likely to experience all of the following except which one?
A) an increase in managerial diseconomies B) an increase in the complexity of coordination of Golden Bread C) the hold-up problem D) an increase in their required areas of expertise
The current account balance is equal to
A. Total payments made by residents of the United States to foreigners plus total payments made by foreigners to residents of the United States. B. Trade balance + services balance + capital account balance. C. Trade balance + services balance - capital account balance. D. Trade balance + unilateral transfers + net investment income.
People benefit by participating in the market because
A. Market participation allows individuals to specialize and, with trade, ultimately consume more. B. Resources are no longer limited. C. Participants in the market do not have to make choices. D. There are always participants in the market that are more efficient than you are in production.
Which of the following is a form of government intervention?
A. Natural monopoly. B. Regulation. C. Public goods. D. Externalities.