From 1700-1780, the colonial population increased at a rate of approximately 3 percent per year. This rapid population growth was primarily due to

a. immigration from England.
b. immigration from central Europe.
c. higher birth rates in the colonies than in Europe.
d. importation of slaves from Africa.


c. higher birth rates in the colonies than in Europe.

Economics

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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 

A. D; C B. B; C C. B; A D. D; B

Economics

A nation's balance of payments can be affected by

A) the country's inflation rate relative to other nations' inflation rates. B) the country's population increases relative to other nations' populations. C) per capita GDP relative to other nations' per capita GDP. D) none of the above.

Economics

Two countries are the same, except one is poorer. Assuming the traditional assumption about the production function is made there are

a. diminishing returns to capital so the poor country grows slower. b. increasing returns to capital so the poor country grows slower. c. diminishing returns to capital so the poor country grows faster. d. increasing returns to capital so the poor country grows faster.

Economics

Refer to the data provided in Table 9.1 below to answer the question(s) that follow.   Table 9.1 Refer to Table 9.1. If the market price is $10, then for this firm to maximize profits it should produce ________ unit(s) of output.

A. zero B. one C. two D. three

Economics