The taxes were being used to pay for the trade between Great Britain and the colonies in America.
<h3>What is tax?</h3>
It should be noted that a tax simply means the compulsory levy that's paid to the government by individuals and businesses.
In this case, the taxes were being used to pay for the trade between Great Britain and the colonies in America.
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Answer:
The correct answer is: overstate
Explanation:
The substitution bias in economic index numbers appears when the possibility of a consumer to change the consumption of a good - that has become more expensive relative to others - for a cheaper one, is ignored. Thus, looking at the CPI (Consumer Price Index), as an indicator of how much the consumer cost of living has raised over time, without eliminating the substitution bias, can over-estimate this inflation effect.
Well a levee are things like dams and so it would help settlement if they were to start running out of water they could build a levee and run the water to where ever they needed it.
