Trade can benefit everyone in society because it allows people to specialize in activities in which they have a comparative advantage
a. True
b. False
Indicate whether the statement is true or false
True
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Why does adverse selection occur in the health insurance market?
What will be an ideal response?
Which one of the following countries was the "spark" that ignited the 2009 euro crisis?
A) China B) Greece C) England D) Spain E) Germany
Long-term growth in production in an economy can be partially explained by: a. improvements in the rules of the game that facilitate production and exchange. b. the peaks and troughs of the business cycle or economic fluctuations
c. trade surpluses that lead to accumulations of precious metals. d. federal government budget deficits. e. a gradual but consistent increase in the price level.
If you lost 10 percent on $200 worth of stock in a 3x margin account, then you would lose:
A. $60. B. $20. C. $30. D. $40.