Refer to Figure 18.1. The opportunity cost of bicycles in Canada is
A) 1/2 of a hang glider. B) 2/3 of a hang glider.
C) 2 hang gliders. D) 4 hang gliders.
A
Economics
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Differences in stages of development among countries are reflected in a number of ways besides per capita income
a. True b. False
Economics
"Market clearing" refers to the case where
A) the purchase and sale plans of buyers and sellers are fully coordinated. B) quantity demanded equals quantity supplied. C) there is neither a shortage nor surplus of a good. D) all of the above.
Economics
Over the last 50 years, the employment ratio has risen most significantly among ________
A) men B) women C) blacks D) Hispanics
Economics
In 1945–52, the records show that falling price levels stimulated increases in real Gross National Product (GNP)
Indicate whether the statement is true or false
Economics