Which of the following countries has the lowest export ratio?
A. Canada.
B. Kuwait.
C. Sweden.
D. The United States.
D. The United States.
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Economics is primarily the study of:
A) the mental functions and behavior of individuals and groups. B) the state, nation, government, and politics and policies of governments. C) the problems related to existence and evolution of society. D) how agents choose to allocate scarce resources and how the choices affect society.
Every component of M2 is a component of M1, but not all the components of M1 are included in M2
a. True b. False Indicate whether the statement is true or false
Proponents of zero inflation argue that even mild inflation (1 to 3 percent) reduces the economy's real output.
Answer the following statement true (T) or false (F)
Gasoline is considered a final good if it is sold by a
a. gasoline station to a bus company that operates a bus route between San Francisco and Los Angeles. b. pipeline operator to a gasoline station in San Francisco. c. gasoline station to a motorist in Los Angeles. d. All of the above are correct.