Which of the following statements is true?
A) Special interest groups are more likely to push for policies that increase the size of the economic pie than to increase their slice of the pie.
B) Special interest groups are likely to push for policies that increase the size of their slice of the economic pie even if it means that the overall size of the economic pie will shrink.
C) Special interest groups are more likely to favor policies that increase the size of their slice of the economic pie than policies that favor economic growth.
D) a and c
E) b and c
E
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Refer to Table 2-8. What is Wilma's opportunity cost of making a bench?
A) 1.3 statues B) 3 statues C) 1/3 of a statue D) 1/2 of a bench
The human skills theory is similar to the factor abundance theory of explaining the source of comparative advantage, except that the former concentrates only on different aspects of labor
a. True b. False Indicate whether the statement is true or false