Majority of slaves that were brought to the New World during the colonial period were used in the production of:

If a factor of production with a fixed supply is earning $100 in its current use and its next best use would yield earnings of $80, the factor is earning a pure economic rent equal to

A) $0. B) $20. C) $80. D) $180.

In recent years, China and India have prospered economically by introducing

A. a stronger central bank. B. more competition through markets. C. greater government intervention. D. more centralized planning.