Risk
What will be an ideal response?
Exposure to danger
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The table above gives the production possibilities frontier for two countries, Anaconda and Bear. The table shows that
A) Anaconda has a comparative advantage in the production of corn. B) Bear has an absolute advantage in the production of both goods. C) Anaconda achieves production efficiency only at its production point A. D) Bear achieves production efficiency only at its production point A. E) Both answers A and B are correct.
Populist policies are not successful even in the immediate short run at stimulating the economy and creating jobs
Indicate whether the statement is true or false
What makes production planning a daunting task for central planners?
What will be an ideal response?
Why do booms and recessions tend to be transmitted across national borders?