Refer to Table 7-6. With trade, what is the total gain in sword production?
A) 40 B) 60 C) 100 D) 200
A
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According to this Application, lower oil prices may affect
A) aggregate supply. B) aggregate demand. C) both aggregate demand and aggregate supply D) neither aggregate demand and aggregate supply
The percentage of households with a Head Start enrollee where no one in the household has a job is
A. 5%. B. 67%. C. 33%. D. 50%.
Transborder environmental impacts can take place when one country's pollution spills over into a second country in all of the following situations EXCEPT
A) when an upstream user pollutes a shared watershed. B) when industrial production in one country creates acid rain in another country. C) when heavy traffic between two or more countries creates semi-global warming. D) the production of exported products degrades the local environment.
What is the difference between the accountant's concept of profit and the economist's view of profit?