Which of the following is most nearly consistent with Say's law?
A) When a person produces one good, he or she plans to demand other goods.
B) When a person produces a good, he or she plans to sell it.
C) When a person buys a good, he or she plans to pay for it with money.
D) When a person goes to work, he or she plans to produce.
A
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Which of these is a disadvantage of issuing stock relative to bonds?
If swimming pools are public goods, then state governments to provide them
a. True b. False
The oligopoly model is the only model that explicitly considers how the pricing and output decisions of one firm affect other firms.
Answer the following statement true (T) or false (F)
Which of the following is most likely to be predicted by the Heckscher-Ohlin theory?
A. The wage rate of the low-skilled workers will be higher in the developing countries than in the developed countries. B. The industrialized nations will mainly export labor-intensive goods. C. Countries like China will completely specialize in the production of primary products. D. The developing countries will mainly export labor-intensive goods.