Author Question: To understand how the colonial economy developed, Hughes and Cain (2011) claim one must understand ... (Read 57 times)

melly21297

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To understand how the colonial economy developed, Hughes and Cain (2011) claim one must understand
 
  (a) what motivated colonists to settle in different locations.
  (b) what colonists produced, how much they produced, for whom they
  produced and with whom they traded.
  (c) the legal system in which they operated.
  (d) all of the above.

Question 2

During the Great Depression we observed:
 
  a. higher prices.
  b. higher real wages.
  c. lower output.
  d. higher money wages.
  e. both b and d.



upturnedfurball

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Answer to Question 1

(d)

Answer to Question 2

E



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