Because of the recognition internationally of the principles of national sovereignty, nations cannot be affected by the policies of other nations and international governmental organizations
Indicate whether the statement is true or false
FALSE
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A change in labor productivity shifts the __________ curve and a change in the exchange rate shifts the __________ curve
A) SRAS; SRAS B) AD; AD C) SRAS; AD D) AD; SRAS E) none of the above
A pie graph would be best type of graph to show
a. a comparison of Internet use in various regions of the world b. a comparison of Internet use in Europe in 2000 and 2005 c. the change in Internet use in Europe over the last five years d. the increase in Internet use among teenagers in Europe
Suppose demand is given by Qxd = 50 ? 4Px + 6Py + Ax, where Px = $4, Py = $2, and Ax = $50. What is the quantity demanded of good x?
A. 46 B. 96 C. 72 D. 50
A rule of thumb in the employment of resources is to set
A. marginal revenue product (MRP) equal to marginal factor cost (MFC). B. marginal physical product equal to marginal resource cost. C. marginal revenue (MR) equal to marginal cost (MC). D. none of these.