What was the most influential factor in the United States' economic development during the 19th century?
A. the abundance of capital
B. the abundance of labor
C. mass production
D. the abundance of land
D. the abundance of land
Economics
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If we consider the specificfactors model, the effect of an increase in exports on the real wages of workers:
a. is inconclusive because some goods' prices will be higher compared with the wage, and some will be lower. b. absolutely increases the buying power of the real wage. c. absolutely decreases the buying power of the real wage. d. will encourage foreign workers to emigrate to the United States.
Economics
What type of business is most likely to be run as a family business?
a. multinational b. corporation c. partnership d. mutual fund e. sole proprietorship
Economics