Marginal utility can be
A) negative.
B) zero.
C) positive.
D) positive, negative, or zero.
Answer: D
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The ILO approach to combating child labor stresses
(a) encouraging parents to migrate to the cities in search of work. (b) banning child labor. (c) tackling the sources of poverty. (d) all of the above.
When a country continually adds more capital to its existing stock productivity will:
A. decrease at a decreasing rate. B. decrease at an increasing rate. C. increase at an increasing rate. D. increase at a decreasing rate.
Give an example of currency depreciation and appreciation
What will be an ideal response?
Refer to the above table. If opportunity costs are constant and the two countries trade
A) the United States should specialize in computers and Mexico in bicycles. B) the United States should specialize in bicycles and Mexico in computers. C) the United States should specialize in both bicycles and computers, and Mexico should specialize in neither. D) there will be no trade because they are so different.