Author Question: Aggregate income equals: a. total profits. b. aggregate output. c. aggregate expenditure. d. b ... (Read 62 times)

Hungry!

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Aggregate income equals:
 
  a. total profits.
  b. aggregate output.
  c. aggregate expenditure.
  d. b and c.
  e. all of the above.

Question 2

What was the crucial factor permitting cotton textile production to take off in New England between 1790 and 1815?
 
  (a) The imposition of high tariff rates
  (b) A lowering of import tariffs by Britain
  (c) The blocking of trade with England through the Embargo and
  the War of 1812
  (d) A relaxation of regulations restricting exports of machinery
  by Britain



Heffejeff

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Answer to Question 1

D

Answer to Question 2

(a)



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