Production of a small quantity of an input is often ________ as firms typically ________ able to enjoy economies of scale.

Ceteris paribus, deficit spending results in higher interest rates, which can

A) ultimately have a positive impact on productivity gains and society's standard of living. B) accelerate growth in investment spending. C) crowd out private investment. D) increase the wealth of future generations.

The majority of people living in colonial America in 1790 were of African origins

Indicate whether the statement is true or false