The leading trading partner of the United States is
A) Canada.
B) Japan.
C) Germany.
D) Mexico.
A
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Reverse auctions
A) require customers to fly at unpopular times. B) allow firms to identify customers that have very elastic demand curves. C) Both A and B. D) are used to keep high paying customers from spending too little money.
Which of the following is not generally considered to be an ingredient for economic growth?
a. Investment in human capital. b. Political instability. c. High savings rate and investment in capital. d. Growth in technology. e. Investment in infrastructure.
Refer to the figure below. The socially optimal quantity in this market could be achieved by imposing a ________ equal to the vertical distance ________.
A. tax; LM B. subsidy; LM C. tax; LN D. subsidy; LN
In 2016, which component of GDP had a negative value?
A) consumption B) investment C) government purchases D) net exports