_________ is the Japanese word meaning death from over work
a. Karoshi
b. Tora
c. Samauri
d. Santori
A
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Both income elasticity of demand and cross-price elasticity of demand coefficients can take on negative, zero, or positive values
a. True b. False
Suppose that a worker in Country A can make either 25 bananas or 5 tomatoes each year. Country A has 200 workers. Suppose a worker in Country B can make either 18 bananas or 6 tomatoes each year. Country B has 400 workers. Suppose Country A specializes in bananas, and Country B specializes in tomatoes. The limits to the terms of trade that Country A would find acceptable are Country A will give no:
A. more than 5 bananas for each tomato. B. less than 5 bananas for each tomato. C. more than 1 tomato for every 5 bananas. D. less than 1 tomato for every 5 bananas.
Advances in technology will shift the aggregate:
a. demand curve rightward. b. supply curve rightward. c. demand curve leftward. d. supply curve leftward.
According to Adam Smith's invisible hand doctrine:
A. self-interest best serves the interests of society. B. laissez faire must be improved by government intervention. C. producers should serve the best interests of society. D. only laissez faire mercantilism best serves the interests of society.