The Navigation Acts,implemented in the American Colonies by Britain in the Mid-Seventeenth

question 37

Multiple Choice

The Navigation Acts,implemented in the American colonies by Britain in the mid-seventeenth century,were originally intended to

• A) increase royal revenue by taxing colonial shipping.
• B) cut the Dutch and French out of the colonial trade.
• C) allow the colonies to be more self-sufficient.
• D) build up the colonial shipbuilding industry.

---

Definitions:

Aggregate Price Level

A measure of the overall level of prices of goods and services in an economy over a specified period, often used as an indicator of inflation.

Macroeconomics

The branch of economics that studies the behavior and performance of an economy as a whole, focusing on aggregate phenomena such as GDP, unemployment rates, and inflation.

Positive Question

A question concerning the way the world actually is (fact-based) rather than how it should be (value-based).

Decent Standard

A level of living or quality of life that is considered suitable or acceptable by general societal norms.