International trade occurs because the opportunity cost of producing specific goods differs across:?

A tax on suppliers will cause the ________ schedule to shift ________.

A. supply, right B. demand, right C. demand, left D. supply, left

How is money market equilibrium determined in the short run?

What will be an ideal response?

The trade-off between risk and expected value is exactly the kind of choice you have to make whenever you think about investing money in:

A. stocks. B. retirement funds. C. bonds. D. One needs to think about the trade-off to invest in all these things.

Physical capital differs from raw materials in the sense that raw materials

a. have a longer useful life in production b. are considered human capital c. cannot be used to produce goods and services d. are used up in production e. are not a resource used in production