The Navigation Acts
a. placed tariffs on the import of British goods by the colonies.
b. provided for the free trade of colonial goods, including tobacco, indigo and sugar.
c. required all colonial trade to be carried on English vessels.
d. were abolished in 1700.
c. required all colonial trade to be carried on English vessels.
You might also like to view...
Harry attended a baseball card show in New York City where he bought a number of rookie cards of Pittsburgh Pirates baseball players from the 1950s and 1960s
Harry then sold the cards in Pittsburgh, Harry's hometown, where he knew the cards sold for higher prices. The profits Harry earned from these transactions are called A) arbitrage profits. B) implicit profits. C) normal profits. D) accounting profits.
The government finances Social Security through
A) excise taxes. B) payroll taxes. C) the sale of goods and services. D) state taxes.
The discount rate is
a. set in the money market. b. set by each member bank. c. set by the Federal Reserve Bank. d. the same as the federal funds rate.
Other things constant, a reduction in the real interest rate will
a. cause consumers to cut back on their purchases of durable items like automobiles. b. induce businesses to increase their level of investment. c. increase the natural rate of unemployment. d. increase the actual rate of unemployment.