On the eve of the American Revolution, the majority of colonists were naturally born in the colonies rather than immigrants from elsewhere
Indicate whether the statement is true or false
True
You might also like to view...
Use the following table to answer the question below.Price per UnitQuantity Demanded per YearQuantity Supplied per Year$52,0000101,800300151,600600201,400900251,2001,200301,0001,500In this competitive market, the price and quantity will settle at
A. $25 and 1,200 units. B. $10 and 1,800 units. C. $20 and 900 units. D. $15 and 1,600 units.
Real GDP differs from nominal GDP in that nominal GDP measures
A. output adjusted for inflation. B. real output of goods and services. C. output of goods and services at current prices. D. real income adjusted for changes in the price level.
Economists studying the impact of direct pegs on trade found that direct pegs:
A) increased levels of trade by 21%. B) increased levels of trade by 44%. C) increased levels of trade by 58%. D) had no effect on trade levels.
Refer to Figure 18.1. Which of the following would most likely cause a shift from AD1 to AD2?
A. A decrease in the money supply through open market operations. B. An increase in transfer payments because of a recession. C. A decrease in government spending. D. An increase in the tax rate.