Compared to English and colonial vessels, Dutch flyboats:
a. were lighter.
b. required smaller crew.
c. carried fewer armaments.
d. cheaper to build and operate.
e. All of the above.
e. All of the above.
You might also like to view...
If real GDP in a small country in 2015 is $8 billion and real GDP in the same country in 2016 is $8.3 billion, the growth rate of real GDP between 2015 and 2016
A) is 3.0%. B) is 3.6%. C) is 3.75%. D) cannot be determined from the information given.
When a group of workers forms a union, they introduce an element of
A) pure competition into the labor market. B) monopoly into the labor market. C) monopoly into the product market. D) monopsony into the product market.
Given that unions face a downward-sloping demand curve for labor, which of the following is not true concerning the optimal union wage rate at a given employment level?
A. It is above the labor supply curve. B. It is above the labor demand curve. C. It is above the marginal wage. D. It exceeds the competitive wage.
Which of the following would NOT be included in the calculation of the GDP?
A. the value of the service of legally produced gambling in Las Vegas B. the value of the production of nuclear weapons C. the value of the services of a homemaker D. the value of a bottle of domestically made wine