The growth of GDP may understate changes int he economy's well-being over time if the:
What will be an ideal response?
Quality of products and services improves
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List the competitive forces in the five competitive forces model
What will be an ideal response?
The demise of debt peonage in the post-Civil War South was partly due to all of the following except:
a. the arrival of the boll weevil. b. improved transportation and the growth of mail-order houses. c. increased urbanization and industrialization. d. federal land reform legislation that redistributed the ownership of southern land.
Which of the following statements is true?
A. U.S. residents pay a higher percent of their income in taxes than the people in the provinces of Canada. B. The top marginal tax rate today is about half of the top marginal tax rate in 1960. C. Today the overall tax burden is about the same as what it was in 1929. D. Education in the U.S. is paid for exclusively by local taxes.
Refer to the table shown.BotswanaZimbabweGoldNickelGoldNickel030009060200186012010036301800540A comparative advantage in the production of gold is held by:
A. Zimbabwe. B. Botswana. C. both countries. D. neither country.