Between 1800 and 1910, the percentage of the U.S. population living in cities of 100,000 residents or larger went from ____ percent to roughly ___ percent
a. 15; 20
b. 10; 20
c. 5; 20
d. 0; 20
d. 0; 20
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Which of the following explains why purchasing power parity does not completely explain long-run fluctuations in exchange rates?
A) Most countries do not impose barriers to trade. B) Some goods and services produced in any country are not traded internationally. C) Consumer preferences for goods and services across countries are very similar. D) Most countries have free markets with little, if any, government regulation.
The ________ illustrates the relationship between the price level and the quantity of planned aggregate expenditure, holding constant all other factors that affect aggregate expenditure
A) savings line B) 45-degree line C) consumption function D) aggregate demand curve
Wealth is measured as
A) only tangible objects. B) only buildings, machinery, land, cars, stocks and bonds. C) only nonhuman wealth. D) nonhuman and human wealth.
The selling of stock is debt financing for a corporation.
Answer the following statement true (T) or false (F)