This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the incomes of New Englanders increased and they demanded more tobacco, then tobacco would be: ... (Read 81 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
on: Jun 30, 2018
If the incomes of New Englanders increased and they demanded more tobacco, then tobacco would be:
 a. a normal good.
  b. an inferior good.
  c. a substitute good.
  d. a complementary good.

Question 2

In 1865, Congress raised the tax on state bank notes to 10 percent of the value of notes in circulation. Quantitative evidence shows that by 1900,
 a. state banks had ceased to exist.
  b. the number of state banks had declined dramatically.
  c. the number of state banks had increased dramatically.
  d. the number of state banks was roughly the same as in 1865.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

a. a normal good.

Answer to Question 2

c. the number of state banks had increased dramatically.


luvbio

  • Member
  • Posts: 623
Reply 2 on: Jun 30, 2018
Wow, this really help

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

(a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight (a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight
Deforestation and increased road-building in the Amazon Rainforest are a significant concern because Deforestation and increased road-building in the Amazon Rainforest are a significant concern because
The proportion of U.S. adults in the workforce has increased slightly for older age groups over the ... The proportion of U.S. adults in the workforce has increased slightly for older age groups over the ...
SSRIs block the reuptake of serotonin into nerve terminals, resulting in increased serotonin levels. SSRIs block the reuptake of serotonin into nerve terminals, resulting in increased serotonin levels.
Permafrost: Top layer temperatures increased by as much as 3˚C Permafrost: Top layer temperatures increased by as much as 3˚C
Changing Patterns of Climate increased drought Changing Patterns of Climate increased drought
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library