International trade in the U.S. during the antebellum period
(a) benefited the Northern economy more than the Southern economy.
(b) benefited England significantly more than the U.S.
(c) played an important part in the growth and expansion of the Southern economy.
(d) occurred as described in all of the above.
(a)
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Explain whether the statement, "There is life on Mars," is a normative or positive statement
What will be an ideal response?
The fraction of each added dollar of income that is used for consumption is called the:
a. average propensity to consumer (APC). b. autonomous consumption rate (ACR). c. marginal consumption propensity (MCP). d. marginal propensity to consume (MPC).
A legal minimum on the price at which a good can be sold is called a price
A. subsidy. B. floor. C. support. D. ceiling.
Prepare a list of events that would shift the aggregate supply curve leftward.
What will be an ideal response?