The racial profile of colonial South Carolina:
a. was typical of the colonies as a whole.
b. was closer to that of the French and British West Indies than to that of its neighboring colonies.
c. was dominated by whites until nearly 1750.
d. indicates that it had a higher concentration of blacks than any colony except Virginia.
b. was closer to that of the French and British West Indies than to that of its neighboring colonies.
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The Federal Reserve views commercial bank use of the discount window as
A) something to be used only by commercial banks. B) completely up to the borrower. C) a privilege, not a right for eligible borrowers. D) something to be used only in financial panics.
US 30yr fixed mortgage rates are averaging less than 4% annual interest rates (for those with good credit)
a. true b. false
If full employment GDP is $8 trillion and equilibrium GDP is $7 trillion
A. there is definitely an inflationary gap. B. there is probably an inflationary gap. C. there is definitely a recessionary gap. D. there is probably a recessionary gap.
Which of the following is LEAST likely to be able to regularly engage in price discrimination?
A) a farmer B) an airline C) a university D) a producer of copyrighted computer software