The Second Bank of the United States rose to prominence under the leadership of:
a. Alexander Hamilton.
b. Andrew Jackson.
c. Henry Clay.
d. Nicholas Biddle.
d. Nicholas Biddle.
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Suppose that for a given good demand increases and supply increases at the same time. If demand increases by a lesser amount than supply increases, then equilibrium price __________ and equilibrium quantity __________ for that good
A) rises; falls B) falls; falls C) rises; rises D) falls; rises
One unintended consequence of the various attempts to restrict farm acreage was that
A) output generally decreased, price increased, and farmers earned higher incomes. B) individual farmers intensified their efforts to harvest crops from the land still under cultivation. C) farmers' incomes remained constant in real terms. D) the land that was set aside became less productive.
Refer to the information provided in Table 25.2 below to answer the question(s) that follow.Table 25.2
Refer to Table 25.2. First Commercial Bank's excess reserves equal
A. $200,000. B. $600,000. C. $1,000,000. D. $1,500,000.
The development of the polio vaccine would be considered a(n) _____________________ to society.
Fill in the blank(s) with the appropriate word(s).