??? Can you explain your question more??
Answer:
recessionary expenditure gap.
Explanation:
Given that that recessionary gap is a term that describes a circumstance whereby the real GDP is lesser than the potential GDP at the full employment level.
Hence, to achieve the full-employment real GDP certain amount must be expended.
This amount is known as RECESSIONARY EXPENDITURE GAP and will ensure the aggregate expenditures schedule shift upward to achieve full employment real GDP
They both relied on each other for goods and services.
What is colonial community?
- Colonial society in the North America colonies in the 18th century (1700's) was represented by a small wealthy social group having a distinctive cultural and economic organization.
- The members of Colonial society had similar social status, roles, language, dress and norms of behavior.
What did colonies mean?
- A distant territory belonging to or under the control of a nation.
- A group of people sent out by a government to a new territory.
- A group of living things of one kind living together a colony of ants.
Learn more about colonial community and colonies here:
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The homestead act signed by President Lincoln gave the right to western migration by providing settlers 160 acres of land in exchange, homestead would pay a small fee
The Jefferson Cabinet
Office Name Term
President Thomas Jefferson 1801–1809
Vice President Aaron Burr 1801–1805
George Clinton 1805–1809
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