What caused the dramatic reversal in relative economic positions of the North and South after the Civil War?
a. economic advances in the north and mid-west
b. technological advances in New England industries
c. increases in Northern exports to Europe
d. decline in southern output
d. decline in southern output.
Economics
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Which of the following are true statements about IBFs?
A) IBFs are subject to reserve requirements. B) IBFs are allowed to receive deposits from, and make loans to, nonresidents of the U.S. or other IBFs. C) IBFs are subject to interest rate regulations. D) All of the above.
Economics
Water shortages are usually the result of
a. profit-seeking owners of the resource holding water off the market and refusing to trade. b. bad forecasts by water planners. c. monopoly fixing of water prices. d. a lack of tradeable property rights in water.
Economics