With the adoption of the U.S. Constitution in 1787,

a. importation of slaves was made illegal.
a. importation of slaves was allowed, but only for the next 20 years.
b. importation of slaves from the Caribbean was prohibited, but importation of African slaves was allowed.
c. importation of slaves was allowed only on federally-approved vessels that met minimum crew sizes.


b. importation of slaves was allowed, but only for the next 20 years.

Economics

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Refer to the scenario above. Which of the following will happen if her husband quits his job to look after their son instead of Sarah?

A) The country's GDP will remain unchanged. B) The country's GDP will increase. C) The country's trade deficit will increase. D) The country's trade surplus will increase. Mike's housekeeper charges $30 for mowing his lawn.

Economics

What does the slope of a straight line equal? How is the slope of a curved line calculated at a point on the curve?

What will be an ideal response?

Economics

The estimated price elasticities of demand for the products listed in the table as "Product A" are from Table 6-2 in the text

Indicate whether the products listed as "Product B" will have a more elastic or less elastic demand than the corresponding Product A. Product A Estimated Elasticity for Product A Product B Is Estimated Elasticity for Product B More Elastic or Less Elastic than for Product A? Beer -0.29 Samuel Adams Boston Lager Chicken -0.37 Organically raised chicken Cocaine -0.28 Illegal narcotics Cigarettes -0.25 Marlboro Lights Restaurant meals -0.67 Denny's Grand Slam breakfast

Economics

What makes advising on mergers and acquisitions particularly profitable for investment banks relative to other services that they provide?

What will be an ideal response?

Economics