The tensions between the North and South before the Civil War mostly stemmed from
Answer: Economic difference
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The abbreviation "GDP" stands for
A) Gross Domestic Prices. B) General Domestic Prices. C) Gross Domestic Product. D) Great Domestic Prices. E) Government's Domestic Politics.
The game in the figure shown is a version of:
This figure displays the choices being made by two coffee shops: Starbucks and Dunkin Donuts. Both companies are trying to decide whether or not to expand in an area. The area can handle only one of them expanding, and whoever expands will cause the other to lose some business. If they both expand, the market will be saturated, and neither company will do well. The payoffs are the additional profits (or losses) they will earn.
A. the prisoner's dilemma.
B. the first-mover advantage.
C. a sequential game.
D. a repeated game.
The measurement of income distribution that splits income earned among the various factors of production (inputs) is called the
A. family distribution of income. B. personal distribution of income. C. functional distribution of income.
By subsidizing the provision of public education, the government
A. pushes the per-unit price that producers of educational services receive above the market clearing price. B. pushes the per-unit price that consumers pay for educational services below the market clearing price. C. generates an increase in the quantity of educational services demanded. D. All of these.