In a two-product, two-country world, international trade can lead to increases in
a. consumer welfare only if output of both products is increased.
b. output of both products and consumer welfare in both countries.
c. total production of both products, but not consumer welfare in both countries.
d. consumer welfare in both countries, but not total production of both products.
b. output of both products and consumer welfare in both countries.
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Which of the following statements best describes the behavior over time of the components of equal mortgage payments?
A) The proportion of interest expense to payment of principal remains the same. B) Payment of principal increases and interest expense decreases. C) Both payment of principal and interest expense decrease. D) Interest expense increases and payment of principal decreases.
Focus groups have become one of the major marketing research tools for getting insight into consumer thoughts and feelings. However, a researcher relying solely on focus groups would likely be most concerned about which of the following?
A) finding a convenience sample B) generalizing the results to the rest of the population C) administering the questions D) orchestrating cooperation among participants E) generating qualitative data
The difference between fixed charge coverage and times interest earned ratio is:
a. tax expense. b. noncontrolling interest. c. the interest portion of rentals. d. all fixed costs.
Which of the following coverages are provided by an unendorsed ISO Dwelling Program form? I. Theft of personal property II. Named-perils coverage for personal property
A) I only B) II only C) both I and II D) neither I nor II