England's colonial policy changed dramatically following the French and Indian War. All of the following statements describe factors that contributed to this change in policy except
a. Following the war, property taxes doubled in England in order to finance the large war debt.
b. Wealthy New England merchants asked the Crown to exercise more authority over colonial affairs.
c. Colonists had actively traded with England's enemies during the war.
d. English military leaders realized that a continuing military presence would be necessary to protect colonial borders.
b. Wealthy New England merchants asked the Crown to exercise more authority over colonial affairs.
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A rightward shift of the aggregate demand curve leads to
A) an upward movement along the short-run Phillips curve. B) neither a movement along nor a shift in the short-run Phillips curve. C) a downward movement along the short-run Phillips curve. D) a leftward shift of the short-run Phillips curve. E) a rightward shift of the short-run Phillips curve.
Refer to Figure 2-7. Assume a technological advancement greatly reduces the cost to produce self-driving vehicles. This is best represented by the
A) movement from K to L in Graph C. B) movement from G to H in Graph B. C) movement from H to J in Graph B. D) movement from E to F in Graph A.