By 1860, almost ¾ of the U.S. output of cotton goods was produced in:
a. the area surrounding Philadelphia.
b. New England.
c. the Mid-Atlantic states.
d. New York City.
b. New England.
Economics
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Which of the following will cause the LM curve to shift to the left?
A) A decrease in investment B) A decrease in money demand C) An increase in velocity D) A decrease in the money supply
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The price charged by a monopolist is the point on the demand curve that corresponds to the output where marginal revenue equals marginal cost
a. True b. False Indicate whether the statement is true or false
Economics