Which of the following countries has the lowest export ratio?
A. Myanmar.
B. Belgium.
C. Germany.
D. The United States.
A. Myanmar.
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If income doubles and the prices of all goods remain the same, the budget line will shift outward by 50 percent along each axis
a. True b. False
A specific type of loan that is used to buy real estate:
a. mutual fund b. mortgage c. millage note d. deed bond
Since the 1930s, overall tariff rates in the United States have
A) increased. B) decreased. C) remained unchanged. D) become very unstable, changing week to week.
Given the indifference curves for an individual as shown below, if the price of good Y = $1, it can be determined that two points on his or her demand curve for good X are:
A. (PX = $1, QdX = 10); (PX = $2, QdX = 14)
B. (PX = $1, QdX = 7); (PX = $.50, QdX = 14)
C. (PX = $.50, QdX = 7); (PX = $1, QdX = 10)
D. (PX = $2, QdX = 20); (PX = $1, QdX = 10)