This topic contains a solution. Click here to go to the answer

Author Question: If the incomes of New Englanders increased and they demanded more tobacco, then tobacco would be: ... (Read 98 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
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
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
:D TYSM


Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library