The system of sharecropping that emerged after the Civil War (1861–1865)
(a) gave neither the owners of land nor the sharecroppers strong incentives to make improvements
in agricultural production.
(b) gave both the owners of land and the sharecroppers strong incentives to make improvements
in agricultural production.
(c) gave the owners of land but not the sharecroppers strong incentives to make improvements
in agricultural production.
(d) gave the sharecroppers but not the owners of land strong incentives to make improvements
in agricultural production.
(a)
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A decrease in the reserve requirement ________ bank reserves and ________ the money supply
A) increases; increases B) decreases; decreases C) increases; decreases D) decreases; increases
Suppose that trade in asset is not allowed but the two countries sign a treaty that guarantee the sending of 25 tons of kiwi in good time by the high output country in that season. What will the outcome of such a treaty? Explain why
What will be an ideal response?
Most borrower-spenders in the financial system are
A) businesses and governments. B) banks and thrift institutions. C) households and foreigners. D) governments and financial institutions.
The Federal Reserve System functions as America's
a. tax collector. b. stock and bond market. c. savings bank. d. central bank.