An Economic Analysis of the Burdens Imposed on the Colonists

question 26

Multiple Choice

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.

---

Definitions:

Toxic Ash

The residue left after the combustion of materials containing toxic substances, often hazardous to human and environmental health.

Expensive

Referring to something that has a high cost or price associated with its acquisition, upkeep, or use.

Educates People

The process of providing knowledge, skills, and information to individuals, typically through structured learning environments.

Provides Jobs

The creation or provision of employment opportunities for individuals within a community or economy.