Between 1870 and 1910, corn and wheat
a. output showed little, if any, growth in land productivity.
b. output increased dramatically, due to labor productivity increases.
c. yields per acre hardly changed.
d. output increased dramatically due to the effects of increased amounts of capital per worker.
e. All of the above are correct.
e. All of the above are correct.
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Changes in the national incomes of our trading partners would directly affect our ________.
A. imports B. consumption C. government spending D. exports
When new firms enter a competitive price-taker market,
a. economic profits of existing firms will continue to be zero. b. entering firms will earn zero economic profit upon entry into the market. c. existing firms may see their costs rise as more firms compete for limited resources. d. prices will rise as existing firms raise prices to keep new firms out of the market.
A pair of jeans is rival but non-excludable
a. True b. False Indicate whether the statement is true or false
Although it does not have the legitimacy of judgments by the ICJ, another effective method of judging violations of international law, particularly for powerful states, is
a. evaluation by the UN Security Council. b. analysis by the U.S.-backed International Law Commission. c. unilateral determination of violations by states themselves. d. review by the European Union Parliament