The world's largest exporter and importer is
a. the United States
b. Japan
c. Germany
d. Canada
e. Hong Kong
A
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According to the criteria of cost-effectiveness, an abatement standard is set optimally if
a. that standard is benefit-based b. it is set where the MSB of abatement is equal to ?(MACmkt + MCE). c. the standard is reached at minimum cost d. it is set at the point where MSB of abatement equals zero e. it is set at the point where MSC of abatement equals zero
Why is the net gain from international trade positive?
What will be an ideal response?
The goals of monetary policy tend to be interrelated. For example, when the Fed pursues the goal of ________, it also can achieve the goal of ________ simultaneously
A) high employment; economic growth B) stability of financial markets; a low current account deficit C) high employment; lowering government spending D) economic growth; a low current account deficit
As price falls, quantity demanded ___________.
Fill in the blank(s) with the appropriate word(s).