Southern agriculture differed markedly from agriculture in the rest of the country before the Civil War in each of these respects EXCEPT
A. it had, on the average, larger farms.
B. it had slavery.
C. it had different major crops.
D. it had more subsistence farming.
D. it had more subsistence farming.
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Refer to the table below. According to the table, Corey has the absolute advantage in: Pizzas MadePer HourPizzasDeliveredPer HourCorey126Pat1015
A. neither making nor delivering pizza. B. making and delivering pizza. C. delivering pizza. D. making pizza.
The portion of the short-run aggregate supply that reflects the economy's resources are not fully employed is the:
A) vertical portion. B) horizontal portion. C) upward sloping portion. D) none of the above.
A production process is defined as
A. The manufacturing of goods and services. B. A means by which jobs are created for workers. C. A means by which labor generates revenue. D. A specific combination of resources used to produce a good or service.
A net capital inflow occurs in open economies where investment is:
A. higher than national savings. B. equal to national savings. C. lower than national savings. D. higher than national spending.