Figure 3-22
a
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Many colonists believed that export surpluses with England positively impacted colonial businesses through increased prices and profits
Indicate whether the statement is true or false
In examining incomes of free southerners prior to the Civil War, Walton and Rockoff conclude that, compared with northerners, free southerners were ______
a. at least 50% poorer than northerners. b. far richer than northerners, except in the old South. c. doing fairly well, even in the old South. d. far richer than northerners but a downward trend was noticeable.
When the federal government owns parks that are funded by tax dollars,
a. park managers receive full information about visitor desires and make decisions accordingly. b. the same incentive structure exists for public park managers as private park managers. c. park managers devote much time and effort to satisfying political desires instead of visitor desires. d. park managers will be less likely to mismanage the park.
There must always be a balance of a nation's:
A. goods exports and gold imports. B. total international payments. C. imports and exports of goods and services. D. net transfers and net investment income.