Only those products in which a country has an absolute advantage will be competitive in world markets.
Answer the following statement true (T) or false (F)
False
Economics
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Why are high domestic savings rates important?
What will be an ideal response?
Economics
Purposeful behavior suggests that:
A. everyone will make identical choices. B. resource availability exceeds economic wants. C. individuals may make different choices because of different desired outcomes. D. an individual's economic goals cannot involve trade-offs.
Economics
The hidden momentum of population growth is caused by
(a) the demographic transition. (b) population age structure. (c) the opportunity cost of a woman's time. (d) children's contribution to income.
Economics
A government using fiscal policy in an attempt to stimulate the economy would do which of the following?
What will be an ideal response?
Economics