When free trade begins, producers in the importing nation gain while producers in the exporting nation are worse off.
Answer the following statement true (T) or false (F)
False
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If the institutions in an economy change from being extractive to inclusive, then in the economy:
A) geographical conditions will improve. B) returns to education will decrease. C) returns to entrepreneurship will increase. D) geographical conditions will deteriorate.
Advertisements that appear to convey no information at all
a. are usually associated with "infomercials." b. are useless to consumers but valuable to firms. c. are useless to firms but valuable to consumers for their entertainment quality alone. d. may convey information to consumers by providing them with a signal that firms are willing to spend significant amounts of money to advertise.
In a market economy, the government's ability to coerce is beneficial in the following cases, except in
What will be an ideal response?
Other things being equal, the larger the expected future dividends to be received from stock ownership, the higher the current stock price.
Answer the following statement true (T) or false (F)