The costs and benefits of mercantilist policies on the colonies produced a ______ to the American colonies
a. small net benefit
b. small net cost
c. large net cost
d. large net benefit
b. small net cost
Economics
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The Fed buys $100 million U.S. government securities from Bank of America. Bank of America's balance sheet shows this transaction as ________ in total assets and ________ in reserves
A) no change; a $100 million decrease B) no change; a $100 million increase C) a $100 million increase; no change D) a $100 million increase; a $100 million increase E) a $100 million decrease; a $100 million decrease
Economics
Suppose Emilio offers you $500 today or $X in 10 years. If the interest rate is 6 percent, then at what value of X would you be indifferent between the two options?
a. X = 809.33 b. X = 855.56 c. X = 895.42 d. X = 916.74
Economics