The economy of the northern colonies, in particular New England, was largely based on

A U.S. family earning $80,000 would be in the top 20 percent of income distribution in 2011

a. True b. False Indicate whether the statement is true or false

Suppose the price of crude oil used to produce gasoline rises significantly. At the same time, consumers purchase hybrid cars in great numbers. In the market for gasoline, demand shifts to the ________ and supply shifts to the ________

A) left, left B) left, right C) right, left D) right, right