Walter Raleigh was an explorer from _____
a. England
b. France
c. Holland
d. Portugal
e. Spain
a. England
You might also like to view...
The velocity of money is
A) the average number of times that a dollar is spent in buying the total amount of final goods and services. B) the ratio of the money stock to high-powered money. C) the ratio of the money stock to interest rates. D) the average number of times a dollar is spent in buying financial assets.
The most widely used approach for the analysis of oligopoly behavior is
a. game theory. b. role playing. c. strategic engineering. d. input-output analysis.
In order to divide a given production quota between two production processes in such a way as to produce the quota at the lowest possible cost, one should produce the output where
A. marginal costs are at least equal to ATC in each process. B. average costs are equal for both processes. C. average cost is equal to marginal cost for both processes. D. marginal costs are equal in both processes.
If the U.S. were to revert to a gold standard, trade deficits would:
A. result in higher domestic interest rates. B. quickly disappear. C. result in high inflation. D. result in gold reserves in the U.S. increasing.