Which of the following best describes the antebellum U.S.?
a. Immigration peaked in the 1820s and slowly decreased through the Civil War.
b. Union membership grew consistently through the period and comprised a substantial portion of the working population by the Civil War.
c. English wages grew relative to those of the U.S.
d. The percentage of people living in urban areas in U.S. approximately tripled.
e. The North had the most unequal income distribution because of its large increase in industry.
d. The percentage of people living in urban areas in U.S. approximately tripled.
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A barter economy refers to a situation in which goods and services are traded for other goods and services, with no money involved in transactions. The major shortcoming of a barter economy is
A) transactions cannot take place without money. B) the requirement of a double coincidence of wants. C) government has no way of collecting taxes. D) goods and services have no way of storing value.
A country has several factories that emit sulfur dioxide. The main methods that the government can use to overcome the accompanying environment externalities include all of the following EXCEPT
A) cap-and-trade. B) mandating clean technology. C) subsidies. D) taxes.