Which was not a way in which tariffs hurt the South?
a. Southern produced products lost US market share.
b. The tariffs raised the price of imported goods to consumers.
c. England had less money with which to purchase American made goods.
a. Southern produced products lost US market share.
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A shift of the demand curve for a good occurs whenever new technologies make inputs used in producing that good available at lower prices
a. True b. False Indicate whether the statement is true or false
An increase in government spending causes the:
a. Monetary base to fall. b. Monetary base to either rise or fall, depending on the state of the economy. c. No change in the monetary base. d. Monetary base to rise.
In the last part of the 1800's
a. deflation made it harder for farmers to pay off their debt. b. deflation made it easier for farmers to pay off their debt. c. inflation made it harder for farmers to pay off their debt. d. inflation made it easier for farmers to pay off their debt.
An "increase in the quantity supplied" suggests a
A. leftward shift of the supply curve. B. rightward shift of the supply curve. C. movement down and to the left along the supply curve. D. movement up and to the right along the supply curve.