The slope of a horizontal line is always equal to zero
Indicate whether the statement is true or false
True
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A long term goal of the NAFTA member countries is to integrate their economies into a single economic entity with a common currency as well as common trade policies and internal factor mobility
Indicate whether the statement is true or false
Free trade agreements between the United States and Canada started with the auto industry in the year 1965
Indicate whether the statement is true or false
If we observe an economy in which desired saving has changed, but there has been no change in actual investment, we may infer that ________
A) net exports have changed B) actual saving has changed C) the domestic real interest rate has not changed D) all of the above E) none of the above
If the price of potatoes is reduced, consumers likely:
a. significantly more potatoes b. significantly fewer potatoes c. roughly the same quantity of potatoes d. an unknown quantity of potatoes; in this situation, consumers' actions cannot be predicted