Which of These Is True of the Mercantilism Policy

question 32

Multiple Choice

Which of these is true of the mercantilism policy?

• A)It accepts gold as a medium of exchange.
• B)It encourages free movement of labor and capital resources between nations.
• C)It emphasizes government control over the production of important goods and services.
• D)It emphasizes the importance of trade restrictions in achieving economic growth.
• E)It believes that a nation's economic vitality depends on its unemployment level.

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Definitions:

Horizontal

Describing a direction or plane that runs parallel to the ground or baseline in a coordinate system, often used to represent stability or equality.

Vertical

Relating to or denoting a direction or plane that is perpendicular to the horizon or to a base line, often used in various fields to describe orientation.

Outlier

An observation in data that is significantly distant from the rest of the observations, often indicating a measurement or entry error, or a novel or extreme value.

Positively Associated

A relationship between two variables where they move in the same direction, implying that as one variable increases, the other one also increases.