The colonies as a whole had a significant commodity trade deficit with England. In order to finance this deficit the colonies relied on all of the following sources of income except
a. a commodity trade surplus with Southern Europe.
b. the sale of colonial shipping services.
c. mining of gold and silver that were used to make Colonial coins.
d. British government spending in the colonies.
c. mining of gold and silver that were used to make Colonial coins.
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Which of the following industries does not fit the natural monopoly model?
A. Fast food restaurants B. Natural gas C. Electricity D. Cable TV
The primary assets of a pension fund are
A) money market instruments. B) corporate bonds and stock. C) consumer and business loans. D) mortgages.
The National Recovery Administration (NRA) of 1933–35 attempted to restore market competition within U.S. domestic and international markets
Indicate whether the statement is true or false
Potential solutions to sell a high-quality used car include
a. offering a warranty b. selling through a reputable dealer c. documenting the complete repair history d. all of the above