In general, one of the results of free trade is that the owners of domestically:
A. abundant factors of production win from decreased demand.
B. abundant factors of production lose from increased demand.
C. scarce factors of production lose due to increased competition.
D. scarce factors of production win due to increased consumers.
Answer: C
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In finance, leverage is using:
A. borrowed money to pay for investments. B. the equity one owns to pay for investments planned in the future. C. predicted earnings to pay for current investments. D. forecasted future earnings to pay for current loans.
It is possible for the dollar to appreciate against the Japanese yen while depreciating against the British pound
a. True b. False Indicate whether the statement is true or false
Indifference curves show all combinations of commodities that are equally desirable to the consumer
a. True b. False Indicate whether the statement is true or false
Reducing government expenditure and increasing taxation is an example of which of the following policies?
(a) An expansionary monetary policy. (b) A contractionary monetary policy. (c) An expansionary fiscal policy. (d) A contractionary fiscal policy.