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Author Question: New England possessed a comparative advantage in producing cotton. Producers in this region produced ... (Read 35 times)

sammy

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on: Jun 30, 2018
New England possessed a comparative advantage in producing cotton. Producers in this region produced cotton at the lowest possible opportunity cost in colonial America.
 
  Indicate whether the statement is true or false

Question 2

In the long-run, the inflation rate will move very closely with ________.
 
  A) the growth rate of the money supply
  B) the change in government debt
  C) the growth rate of government expenditures
  D) changes in tax rates


joanwhite

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

False

Answer to Question 2

A


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