People will choose to specialize and trade if they can acquire the goods they want:
A. at a lower cost than it would cost them to make the goods themselves.
B. at a higher cost than it would cost them to make the goods themselves.
C. from someone who is willing to trade with them.
D. from a capitalistic system of exchange.
A. at a lower cost than it would cost them to make the goods themselves.
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Who promised "two cars in every garage and a chicken in every pot?"
A. Herbert Hoover B. Franklin D. Roosevelt C. Dwight D. Eisenhower D. John F. Kennedy
According to Nakamura and Steinsson's research, prices are ________ sticky than Bils and Klenow found because the latter failed to account for ________
A) more; sales B) more; taxes C) less; taxes D) less; sales
Suppose that British tastes changed and American goods become more desirable to British citizens. There would be
a. a leftward shift of the supply of pounds curve. b. a movement downward along the supply of pounds curve. c. a movement upward along the supply of pounds curve. d. a rightward shift in the supply of pounds curve. e. a rightward shift in the demand curve for pounds..
After this short reminder at the top: write an essay discussing the economic impacts of the shock on Turkey's economy. In your article, discuss the effects of this economic shock on Turkish economy using the concepts of GDP growth, inflation, unemployment, money markets, interest rates, aggregate supply and aggregate demand. Use a narrative based on the economic theories we saw in the course. Connect your ideas to each other with a scientific background. Give policy suggestions to shorten the effect of this shock on Turkish economy. While giving the policies keep in mind and state the constraints that the Turkish economy currently facing. Articles that are not scientifically written or written on internet slogans may not bring you the points you want.
What will be an ideal response?