Credit cards are a widely accepted form of money
Indicate whether the statement is true or false
False
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The ability to produce a good at a lower opportunity cost than another producer is called
A) absolute advantage. B) comparative advantage. C) specialization. D) protectionism.
Moving along which curve does the money wage rate and the price level change in the same proportions?
A) the AD curve B) the SAS curve C) the LAS curve D) None of the above because there is no curve along which both the money wage rate and the price level change in the same proportions.
A sharp increase in gasoline prices will cause the supply curve for trucking services to shift to the right
a. True b. False Indicate whether the statement is true or false
The predominant source of multilateral aid is:
a. the European Community. b. the United Nations. c. the Agency for International Development. d. the World Bank. e. the British government.