International trade constantly increased throughout the twentieth century

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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An asset used to secure a loan is called.

A. collateral. B. a retainer. C. a down payment. D. an investment.

Economics

All of the following are included in the calculation of gross domestic income (GDI) EXCEPT

A. wages. B. indirect business taxes. C. profits. D. consumer expenditures.

Economics

The distribution of income in one nation can be illustrated by the

A. aggregate demand curve. B. Lorenz curve. C. Phillips curve. D. Laffer curve.

Economics

If at a particular price level, real output from producers is greater than real output desired by purchasers, then there will be a general:

A. Surplus and the price level will rise B. Surplus and the price level will fall C. Shortage and the price level will rise D. Shortage and the price level will fall

Economics