Use the following information to answer the next question.Maya purchases only three products; orange juice, prepared meals, and on-demand episodes of her favorite shows. Each week she purchases 2 bottles of orange juice, 14 prepared meals, and 8 on-demand episodes. The prices of bottles of orange juice, prepared meals, and on-demand episodes for four different years are shown in the table below.YearPrice of Orange JuicePrice of Prepared MealsPrice of On-Demand Episodes1$2$6$102$6$5$123$4$7$134$4$8$11Based on this information, which of the following statements is true?
A. Maya spent $10 less in Year 1 than in Year 2.
B. Maya's buying power increased between Year 1 and Year 4.
C. There was inflation from Year 3 to Year 4.
D. Maya's purchases cost $30 more in Year 3 than in Year 2.
Answer: A
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The future of any region dependent on export industrial growth is influenced by:
(a) the region's natural endowment at given technology levels. (b) the character of the export industry. (c) subsequent changes in technology and transport costs. (d) all of the above.
We can measure the status of a national economy by looking at:
A. its total expenditures. B. its median income. C. We can look at either of these things to get the same measure. D. Neither of these is used to measure a nation's economic status.
One country has an absolute advantage over another country if it can produce a good using smaller quantities of resources
a. True b. False Indicate whether the statement is true or false
Marginal damages
A. must always be considered in social marginal costs. B. must not be considered in social marginal costs. C. must sometimes be considered in social marginal costs. D. have nothing to do with social marginal costs.