If Bob can complete mathematics homework assignments at a lower opportunity cost than Jane can accomplish, then Bob has ________ in completing mathematics homework assignments.

A. an absolute advantage
B. a relative disadvantage
C. a complete advantage
D. a comparative advantage


Answer: D

Economics

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The institutions that bring together savers, borrowers, investors, and insurers in a set of interconnected markets where people trade financial products is called the:

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What is the natural level of output?

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