Author Question: The English system of market overt and fairs (a) were initially transferred to American shores ... (Read 27 times)

anjilletteb · **on:** Jun 30, 2018

The English system of market overt and fairs

(a) were initially transferred to American shores where goods and services could be bought and sold legally without an official witness
(b) flourished in the late colonial economy because of their foundation of protective regulations.
(c) replaced the rule of caveat emptor in colonial America because they covered fraud.
(d) firmly planted themselves in colonial America and continue to guide market transactions today.

Question 2

Hyperinflation is a period of time when

a. people hoard their money.
b. the price level explodes and the money supply decreases.
c. both the price level and taxes explode.
d. inflation is greater than 1,000.
e. the price level rises faster than the money supply.