The price of sugar that prevails in international markets is called the
a. export price of sugar.
b. import price of sugar.
c. comparative-advantage price of sugar.
d. world price of sugar.
d
Economics
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Inflation is the increase in:
A. imports relative to exports. B. total output per worker. C. total output. D. the general level of prices.
Economics
A tragedy of the commons occurs when a resource is
A) rival and excludable. B) rival and non-excludable. C) non-rival and excludable. D) non-rival and non-excludable.
Economics
A weak economy impacts the most skilled and the least skilled equally
Indicate whether the statement is true or false
Economics
Any item can successfully serve as money
a. True b. False Indicate whether the statement is true or false
Economics