Who wrote the following criticism of European colonial expansion into poorer non-European nations? "The superiority of force happened to be so great on the side of the Europeans, that they were enabled to commit with impunity every sort of injustice

in those remote countries." A) Adam Smith
B) Karl Marx
C) Alfred Marshall
D) John Maynard Keynes
E) John Kenneth Galbraith

A

Economics

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Unlike cyclical unemployment, both frictional and structural unemployment rise during recessions and fall during expansions

Indicate whether the statement is true or false

Economics

An income effect

A. is measured as the change in prices over time. B. is not possible when people are unemployed. C. requires interest rates to remain constant. D. is the change in the quantity demand due to the fact that real income changes when prices change.

Economics