In the New England colonies,
(a) long winters, short summers, heavily forested areas, and rocky terrain contributed to a lack of productive farmland; agriculture was a difficult, marginal activity.
(b) the great majority of New Englanders engaged in some type of subsistence agricultural activity.
(c) most New England farmers subsidized their farm income with some other type of income from another occupation to support themselves, save and invest.
(d) all of the above are true.
(d)
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Given an annual interest rate of 4 percent, what is the present value of receiving $5,000 in 2 years?
A) $4,585.45 B) $4,622.78 C) $4,535.25 D) $4,619.23
Which of the following is a major reason for offshoring?
a. Global deregulation. b. Increased global demand for services. c. The gradual diminishing of global technological advances. d. All of the above are major reasons for offshoring.
Money is a ________ and a transaction is a ________
A) stock; stock B) flow; flow C) flow; stock D) stock; flow
The population growth rate tends to be higher in developed countries than in developing countries
a. True b. False Indicate whether the statement is true or false