Tetanus is caused by:
A. a bacteria.
B. a missing gene.
C. an autoimmune response.
D. muscle strain.
Answer: A. a bacteria.
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The level of detail in an economic model
a. is as close as possible to the level of detail in reality b. depends on the purpose of the model c. is as complex as possible d. is the same regardless of the purpose of the model e. is as complex as possible to accomplish its purpose
The current deregulatory movement began to change laws to deregulation in the
A. early 1970s. B. late 1970s. C. early 1980s. D. early 1990s.
When the exchange rate, E, and the foreign price level, P*, is fixed, domestic inflation depends primarily on
A) amount of aggregate demand. B) home price level set by IMF. C) current account balance. D) government tax policy. E) foreign interest rates.
Opportunity cost refers to whatever is given up to obtain some item.
Answer the following statement true (T) or false (F)