International trade has the potential to ____ the availability of goods and services to ____
a. increase; those nations who export more than they import
b. increase; nations that have an absolute advantage in the production of a good or service
c. increase; all nations
d. decrease; all nations
c
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Refer to Game Matrix III. The Nash equilibrium is to be found where
Game Matrix III
The following questions refer to the game matrix below. Each firm has a choice of advertising, Ads, or not advertising, No ad. The profits each gets depend upon which it chooses.
a. neither firm advertises.
b. Firm A advertises, Firm B does not.
c. Firm A does not advertise but Firm B does.
d. both firms choose to advertise.
Holding the money deposits of businesses and households and making loans to the public are the basic functions of
A. the Federal Deposit Insurance Corporation and the Federal Savings and Loan Insurance Corporation. B. district banks of the Federal Reserve System. C. the Open Market Committee and the Board of Governors. D. commercial banks and thrift institutions.
Results of research conducted regarding the Moving to Opportunity program found that
A) living in a good neighborhood helps keep people out of jail. B) people who live in wealthier neighborhoods are safer than people who live in poorer neighborhoods. C) living in a good neighborhood improves test scores in schools. D) living in a good neighborhood guarantees economic self-sufficiency.
A technological production advance ______.
a. affects all segments of the economy equally b. may affect different economic segments differently c. creates growth in all economic segments d. influences only the segment for which it was developed