The colonial region with the smallest deficit with the United Kingdom between 1768–1772 was
(a) New England
(b) the Middle Colonies
(c) the Southern Colonies
(d) the New England and Middle Colonies
(c)
Economics
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A supply curve shows
A) the marginal cost of producing one more unit of a good or service. B) the marginal benefit from buying one more unit of a good or service. C) the quantities sold at different prices. D) the total cost of producing different quantities of a good or service.
Economics
In the Solow model, if f(k) = 8k0.5, s = 0.2, n = 0.3, and d = 0.1, what is the value of k at equilibrium?
A) 1 B) 4 C) 9 D) 16
Economics