The direction of colonial trade produced great trade deficits with England, especially in the New England Colonies. Consequently, growth and development were stifled in colonial America
Indicate whether the statement is true or false
False
Economics
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Suppose that a major natural disaster destroys a large part of a country's capital stock but miraculously does not cause anybody bodily harm. What will happen to the real wage rate?
A. It will not change. B. It will rise. C. It will fall. D. It could rise or fall.
Economics
Absentee landowners characterize the agrarian system of
(a) Asia. (b) Latin America. (c) Sub-Saharan Africa. (d) all of the above.
Economics