When total planned real expenditures change due to the changes in net exports, this is known as the

Some researchers argue that the American Revolution was probably inevitable. The most important factor, of those listed below, was/were

(a) prohibitions against trade with nations other than England and severe exploitation of the colonists under the Navigation Acts, which kept the standard of living low in the colonies. (b) excessive taxation which for generations kept the after-tax incomes of the colonists below those in England. (c) a series of revenue-raising measures imposed on the colonists at the end of the French and Indian War for the purpose of making the colonies more self-supporting. (d) British prohibitions against the use of slaves in the lands west of the original thirteen colonies.

In the case in Scenario 18.1, the Coase theorem specifies that

A) the result will be different if the fishermen are given the right to clean water than it will be if the factory is given the right to use the water as it sees fit, but the result will be inefficient in either case. B) the efficient result will occur whether the fishermen are given the right to clean water or the factory is given the right to use the water as it sees fit. C) economic efficiency requires that the fishermen be given the right to clean water. D) economic efficiency requires that no one may contaminate the water. E) economic efficiency requires that the fishermen be given the right to clean water and that the factory be given the right to use the water as it sees fit.