Which of the following statements is true of the process of colonization?

A) Institutions in North America were set up by Europeans.
B) Europeans set up similar institutions around the world.
C) Residents in all colonies had similar property rights.
D) It was characterized by the absence of slavery.

A

Economics

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At __________ income levels on the LM curve, the interest rate must be __________

A) higher; lower B) lower; higher C) higher; unchanged D) higher; higher

Economics

The closer the industry concentration ratio is to 100, the more likely it is that

A. there are a reasonably large number of medium-sized firms. B. this is an industry approaching perfect competition. C. there is a small number of large firms. D. price competition is being practiced.

Economics