In 11th century Europe, the central economic decisions were made by:

A. the church.
B. tradition and the lord of the manor.
C. central governments.
D. the nation-state.

Answer: B

Economics

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A) generates economic growth. B) shifts the PPF leftward. C) creates inefficiency. D) Both answers A and C are correct.

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"The new goods bias puts a downward bias into the CPI and its measure of the inflation rate." Is the previous sentence correct or not? Explain your answer

What will be an ideal response?

Economics