The Age of the great industrial capitalist was
A. the first quarter of the 19th century.
B. the second quarter of the 19th century.
C. the third quarter of the 19th century.
D. the fourth quarter of the 19th century.
D. the fourth quarter of the 19th century.
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Foreclosure is when a:
A. bank takes ownership of a property because the property owner cannot make the mortgage payments due. B. person is forced to sell his home for less than what he paid for it. C. person is forced to sell his home for less than what it is currently worth. D. person is forced to sell his home for less than what he still owes for it.
A budget surplus
A) occurs when government expenditures exceed tax revenues. B) occurs when tax revenues exceed government expenditures. C) occurs when tax revenues exceed transfer payments. D) occurs when monetary policy works in the opposite direction of fiscal policy. E) is an impossibility.
Which statement about natural resources and a country’s economic growth is true?
a. Natural resources have a very limited impact on a country’s economic growth. b. Abundant natural resources can increase output, but sustained growth depends on other factors. c. A country’s economic growth determines its supply of natural resources. d. The presence of natural resources is the primary predictor of a country’s economic output.
The domestic demand and supply for sugar are Qd = 700 ? 2P and QSD = 100 + 4P. The foreign supply is QSF = 150 + 3P. What is the total supply of sugar in the domestic market?
A. Q = 150 + 3P B. Q = 850 + P C. Q = 800 + 2P D. Q = 250 + 7P