Economist David Friedman has compared free international trade to

A) the Holocaust.
B) the Cold War.
C) a technology.
D) a revolution.


C

Economics

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Refer to the figure above. What is the quantity effect of a price reduction from $6 to $4?

A) $600 B) $800 C) $1,000 D) $1,200

Economics

If the price of a U.S. government bond is? $50 and the owner of the bond is entitled to? $2.50 income each? year, then the interest rate on the bond is? ______.

Economics

Giving poor people food instead of cash for food

A. is an in-kind transfer. B. will benefit some more than others, depending on their utility function. C. is politically popular. D. all of these answer options are correct.

Economics

When many banks choose to hold excess reserves, ______________ monetary policy may not work well.

a. tight b. free c. expansionary d. contractionary

Economics