The emergence of English as the de facto world language has ________ a comparative advantage in the production of books, movies and popular music:
A. given English-speaking countries
B. given all countries
C. had no effect on which country has
D. given non-English-speaking countries
Answer: D
You might also like to view...
The Fed can surely reduce the rightward shift of the AD curve, but
a. stock and bond prices may fall dramatically b. inflation may rise sharply c. inflation would change in an unpredictable fashion d. recession may result e. unemployment may fall to below the natural rate
"If Congress cuts income taxes, demand for output is likely to increase" is a ________ statement about ________ policy.
A. positive; fiscal B. positive; monetary C. normative; monetary D. normative; fiscal
If the marginal propensity to save is 0.2, what is the expenditure multiplier?
a. 0.8 b. 1.2 c. 2 d. 5
The economizing problem faced by a society is
A. to establish prices that are fair for both producers and consumers. B. a consequence of the fact that productive resources are scarce relative to economic wants. C. to achieve a more equitable distribution of income in the society. D. that product prices often rise more rapidly than incomes of consumers.