What statement most accurately describes the U.S. colonial economy in the 1700s?
a. The Middle Colonies had big trade surpluses from their large shipments of food.
b. The majority of the population lived in the large urban areas along the Atlantic coast.
c. Once indentured servants completed their indentures, they moved to the lower South, where the agricultural productivity was highest.
d. Colonial America was the first region in the world to permanently use paper money.
d. Colonial America was the first region in the world to permanently use paper money.
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The greater the risk of nonrepayment of a loan, other things being equal
A) the longer is the repayment term. B) the lower is the charged loan fees. C) the higher is the rate of interest. D) the smaller is the amount of collateral that is used.
Trade deflection is an act that
A) decreases the amount of international trade in the world. B) increases the amount of international trade in the world. C) has no impact on the amount of international trade in the world. D) is illegal among all countries in the world.
Evaluate the benefits and cons of deregulating a governed industry
Please provide the best answer for the statement.
Members of the Board of Governors
A. are appointed by the U.S. president, while presidents of the regional Federal Reserve Banks are appointed by those banks' boards of directors. B. are appointed by the regional Federal Reserve Banks' boards of directors while the presidents of the regional Federal Reserve Banks are appointed by the U.S. president. C. and the presidents of the regional Federal Reserve Banks are appointed by the U.S. president. D. and the presidents of the regional Federal Reserve Banks are appointed by the regional Federal Reserve Banks' boards of directors.