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Author Question: Most private turnpikes failed to earn profits because a. tolls were easily avoided. b. it was too ... (Read 39 times)

Frost2351

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on: Jun 30, 2018
Most private turnpikes failed to earn profits because
 a. tolls were easily avoided.
  b. it was too costly to carry freight by land carriage.
  c. they faced extensive competition from steamboats, canals and railroads.
  d. dishonest gatekeepers often pocketed the tolls collected.
  e. All of the above.

Question 2

What is the most compelling evidence for the Keynesian interpretation of the Great Depression?
 a. Increases in both the interest rate and the quantity of money
  b. Decreases in both the interest rate and the quantity of money
  c. An increase in the interest rate and a decrease in the quantity of money
  d. A decrease in the interest rate and an increase in the quantity of money


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laurnthompson

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e. All of the above.

Answer to Question 2

b. Decreases in both the interest rate and the quantity of money


Frost2351

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

jordangronback

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  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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