The table above gives the production possibilities frontier for two countries, Anaconda and Bear. The table shows that
A) Anaconda has a comparative advantage in the production of corn.
B) Bear has an absolute advantage in the production of both goods.
C) Anaconda achieves production efficiency only at its production point A.
D) Bear achieves production efficiency only at its production point A.
E) Both answers A and B are correct.
A
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If tax revenues from a cigarette tax are used to pay for healthcare expenses related to lung cancer, the cigarette tax could be justified using the __________
Fill in the blank(s) with correct word
Hyperinflations are usually made possible by
A. multinational corporations. B. highly mobile international capital. C. governments printing money rapidly. D. higher and higher tax rates.
In the United States, direct expenditures for governments between 1933 and 1943
A. Trended down for all governments. B. Trended up for state and local governments and down for the federal government. C. Trended up for all governments. D. Trended down for state and local governments and up for the federal government.
Cambridge Corporation sold buildings and a machine for cash. Indicate which section, if any, this transaction would appear in, or relate to, on a statement of cash flows.
A. Operating activities section B. Investing activities section C. Financing activities section D. Does not appear on cash flow statement