Specialization and trade exploit differences in productivity across workers and
A) make everyone better off. B) only benefit the importer.
C) make everyone worse off. D) only benefit the exporter.
A
Economics
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Everything else held constant, an increase in the required reserve ratio will result in ________ in M1 and ________ in M2
A) an increase; an increase B) an increase; a decrease C) a decrease; an increase D) a decrease; a decrease
Economics
In order for a production possibilities curve to shift to the right, which of the following must occur?
A) government involvement B) increasing consumer wants C) economic growth D) reductions in the supply of resources
Economics