Of the English-owned joint stock companies that operated in North America, which was the only one to survive longer than 20 years?
a. The London Company
b. The New Plymouth Company
c. The Hudson Bay Company
d. The Massachusetts Bay Company
c. The Hudson Bay Company
Economics
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The figure above shows a production possibilities frontier. In the figure, when the economy moves from point E to point D, what is the opportunity cost of a DVD?
A) 0.25 cell phones B) 0.5 cell phones C) 1 cell phone D) 4 cell phones E) zero
Economics
For an economy starting at potential output, a decrease in planned investment in the short run results in a(n):
A. increase in potential output. B. decrease in potential output. C. recessionary output gap. D. expansionary output gap.
Economics