The primary source of colonial productivity growth in agriculture was:

a. learning by doing.
b. an increased capital-labor ratio.
c. technology improvements.
d. the introduction of hybrid seeds and fertilizer.

a. learning by doing.

Economics

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In the above figure, a rent ceiling of $500 per month would

A) not affect the equilibrium quantity. B) create a shortage. C) raise the rent and cause a surplus. D) reduce the rent and create a surplus.

Economics

Holding large amounts of bank capital helps prevent bank failures because

A) it means that the bank has a higher income. B) it makes loans easier to sell. C) it can be used to absorb the losses resulting from bad loans. D) it makes it easier to call in loans.

Economics