The region of the U.S. that benefited least from and fought hardest against raising tariffs in the first half of the nineteenth century was
(a) New England.
(b) the Middle Atlantic states.
(c) the South.
(d) the West.
(c)
Economics
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Refer to Table 2-1. Assume Tomaso's Trattoria only produces pizzas and calzones. A combination of 24 pizzas and 30 calzones would appear
A) along Tomaso's production possibilities frontier. B) inside Tomaso's production possibilities frontier. C) outside Tomaso's production possibilities frontier. D) at the horizontal intercept of Tomaso's production possibilities frontier.
Economics
If a decrease in income leads to an increase in the demand for sardines, then sardines are
A) a necessity. B) an inferior good. C) a normal good. D) a neutral good.
Economics