Between 1850 and 1860 the prices of slaves ____ than the price of cotton
a. increased more
b. decreased more
c. increased less
d. decreased less
b. increased more
You might also like to view...
The aggregate supply curve
a. indicates the markup at which firms are willing to supply a given level of output b. is derived from equilibrium conditions in the money market c. has a positive slope because an increase in real GDP causes an increase in the cost of resources d. is found by summing up the supply curves of all the firms in an economy e. illustrates how a change in the price level affects total output
The Black Death in fourteenth-century Europe resulted in
a. a lower marginal product of labor of surviving workers. b. a higher marginal product of labor of surviving workers. c. economic hardship for surviving peasants. d. economic prosperity for surviving landowners.