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Author Question: Consistent with the mercantilist theory, the colonies had (a) a trade deficit with England. (b) ... (Read 80 times)

erika

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Consistent with the mercantilist theory, the colonies had
 
  (a) a trade deficit with England.
  (b) a trade surplus with England.
  (c) a balance of trade with England.
  (d) about an equal number of annual trade deficits and surpluses over the years.

Question 2

Which of the following hypotheses about voter behavior have been advanced in public-choice literature?
 
  a. Voters are myopic
  b. Unemployment is more likely to result in vote loss than is higher inflation
  c. Deficit bias of the budget process
  d. Both a and c
  e. All of the above



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Pamela.irrgang@yahoo.com

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Answer to Question 1

(a)

Answer to Question 2

E




erika

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


lindahyatt42

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

 

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