Which was not a way in which tariffs hurt the South?
a. Southern produced products lost US market share.
b. The tariffs raised the price of imported goods to consumers.
c. England had less money with which to purchase American made goods.
Question 2
Which is true of total federal spending relative to GDP?
a. It is the most commonly used measure of the size of government.
b. There really is no upper limit to the ratio of total government spending to GDP.
c. It has steadily increased over the last 50 years.
d. All of the above are correct.
e. Only a and c are correct.
