Refer to Table 18.1. Russia has a comparative advantage in
A) gloves. B) hats.
C) both hats and gloves. D) neither hats nor gloves.
B
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If the slope of a linear function changes with no change in the Y-intercept
a. the graph shifts either up or down in a parallel way. b. the graph remains unchanged. c. the graph rotates about its X-intercept. d. the graph rotates about its Y-intercept.
Which of the following is not an example of human capital investment?
A. A leadership training course B. A bachelor's degree C. Software with spell-check included D. All of these are examples of human capital investment.
When will speculators' actions raise social welfare?
a. Always. b. When they drive down market prices. c. When their expectations prove to be correct. d. When they are not risk averse.
Nonactivists argue against the use of discretionary monetary policy and rules-based monetary policy
Indicate whether the statement is true or false