Investment in social overhead capital refers to investment in areas like education and nutrition.
Answer the following statement true (T) or false (F)
False
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Tight monetary policy will ________ net exports as a result of a ________ currency.
A. increase; weaker B. increase; stronger C. decrease; stronger D. decrease; weaker
The figure above shows the demand for fruit snacks. Which movement reflects how consumers would react to an increase in the price of a fruit snack that is expected to occur in the future?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
Which of the following statements is true?
A. The lower transaction costs are, the more likely individuals will solve negative externality problems through a voluntary exchange. B. The higher transaction costs are, the more likely individuals will solve negative externality problems through a voluntary exchange. C. Coase agrees with Pigou that taxing those activities associated with negative externalities is a good idea. D. a and c E. none of the above
To produce 100 bushels of wheat, Farmer A requires fewer inputs than does Farmer B. We can conclude that Farmer A has an absolute advantage over Farmer B in producing wheat
a. True b. False Indicate whether the statement is true or false