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Author Question: An economic analysis of the burdens imposed on the colonists by the Navigation Acts for commodities ... (Read 44 times)

cool

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An economic analysis of the burdens imposed on the colonists by the Navigation Acts for commodities that were imported from Europe via England can best be described as:
 a. A shift back in the demand curve and a resulting decrease in the price of the goods.
  b. A shift back in both the supply and demand curves.
  c. A shift out of the supply curve and a shift back in the demand curve.
  d. A shift back in the supply curve, which increases the price and decreases the quantity.

Question 2

Between 1800 and 1910, the percentage of the U.S. population living in cities of 100,000 residents or larger went from ____ percent to roughly ___ percent.
 a. 15; 20
  b. 10; 20
  c. 5; 20
  d. 0; 20



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ApricotDream

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Answer to Question 1

d. A shift back in the supply curve, which increases the price and decreases the quantity.

Answer to Question 2

d. 0; 20




cool

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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