Which statement is false?
A. When two countries trade, both gain from the trade.
B. In international trade some countries are winners and others are losers.
C. For most of the 20th century we had a positive balance of trade.
D. None of these statements are false.
B. In international trade some countries are winners and others are losers.
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It is impossible to incorporate the value of human life into implicit and explicit cost-benefit analyses
Indicate whether the statement is true or false
Which of these transactions results in an increase in M2?
A) certificate of deposit matures, adding $520 to your checking account B) withdrawal of $100 cash from your checking account C) depositing a bank loan of $400 into your savings account D) depositing a $300 paycheck into your savings account E) none of the above
Suppose the typical basket for the calculation of the CPI includes one computer. Since computers have gotten better over time as a result of technological change, what problem does this create for calculating the CPI?
The cross-price elasticity of demand between pasta and spaghetti sauce is likely to be
A. a large positive number. B. a small positive number. C. zero. D. a negative number.