Which of the following describe how China’s Southern School of painting differed from the Northern School?
A. abstraction and inventive themes
B. ink painting and conservative themes
C. linear representations and orthodox themes
D. rich color and traditional themes
Answer: D. rich color and traditional themes
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Governments of market-oriented economies never tamper with the price mechanism.
Answer the following statement true (T) or false (F)
Other things being equal, a higher saving rate
A) means higher standards of living today. B) is associated with a decline in the rate of growth of the population. C) means higher standards of living in the future. D) leads to higher interest rates.
Refer to Table 2-9. What is Japan's opportunity cost of producing one wristwatch?
A) 0.04 pounds of rice B) 4 pounds of rice C) 25 pounds of rice D) 40 pounds of rice
The law of diminishing marginal utility states as the consumption of a particular product increases, marginal utility decreases.
Answer the following statement true (T) or false (F)