Capital formation in the colonies was mostly due to
a. savings and investments from the colonists themselves.
b. capital inflows from English merchants.
c. capital inflows from the English crown.
d. capital inflows from international sources other than England.
a. savings and investments from the colonists themselves.
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In the above figure, the budget line would rotate in the direction indicated as a result of a
A) rise in the price of a book. B) fall in the price of a book. C) rise in the price of a movie. D) decrease in income.
Movements in the exchange rate will shift the aggregate demand curve of an economy
a. True b. False Indicate whether the statement is true or false
Most policy makers agree that in the long run, changes in the money supply influence _____
Fill in the blank(s) with the appropriate word(s).
Survivor bias
A. can only occur in studies involving people of significant age difference. B. is a type of selection bias. C. is relatively insignificant with respect to economic research. D. all of the above