In general, a society will benefit more, the more self-sufficient it is
a. True
b. False
B
You might also like to view...
The quantity theory of money states that in the long run
A) the price level will not consistently rise, it will fluctuate. B) an increase in the quantity of money results in an equal percentage increase in the price level. C) a rise in the price level rises causes the quantity of money to increase. D) an increase in the quantity of money increases real GDP by a smaller percentage.
If the boxing match will be the "fight of the century" which has dramatically increased Sally's payoffs for going to the fights, even without Sam, and Sam knows that, what would the Nash equilibrium be now?
a. Boxing, boxing b. Ballet, ballet c. Ballet, boxing d. Boxing, boxing
As a general rule, technological progress
a. shifts the production possibilities curve outward, away from the origin. b. reduces the slope of the production possibilities curve, making it flatter. c. increases the slope of the production possibilities curve, making it steeper. d. shifts the production possibilities curve inward, toward the origin.
Each of the following took place in the latter half of the 1990s except
A. a declining federal budget deficit. B. a declining unemployment rate. C. the spread of computerization. D. a rising rate of inflation.