Maximum Feasible Hourly Production Rates of EitherComputers or Bicycles Using All Available ResourcesProductUnited StatesCanadaComputers810Bicycles42Refer to the above table. It may be concluded that
A. The United States will export both goods.
B. The United States will export computers and import bicycles.
C. The United States will import both goods.
D. Canada will export computers and import bicycles.
Answer: D
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If an individual borrows $100, and pays back $100 after a year to settle his loan, it implies that the rate of interest is:
A) 0 %. B) 100%. C) 1%. D) 10%.
The rate of output at which the price level has no tendency to rise or fall is called the
A) natural rate of output. B) potential level of income. C) bliss point. D) efficient level of output.
Considering the living arrangements of children in one-parent families, less than 10% of these were father only in 2005
Indicate whether the statement is true or false
When the expenditure schedule is too high, the result is a(n)
a. unemployment surplus. b. inflationary gap. c. recessionary gap. d. budgetary gap.