If a country begins to import a good,
a. it has a comparative advantage in producing that good
b. it has a comparative advantage in consuming that good
c. domestic consumers are made better off
d. domestic producers are made better off
e. both domestic consumers and domestic producers are harmed
C
Economics
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When the Fed sells government bonds it ____ reserves and ______ the money supply.
A) increases; increases B) decreases; increases C) decreases; decreases D) increases; decreases
Economics
In the United States, the distribution of wealth
A) is the same as the distribution of income. B) is more unequal than the distribution of income. C) is more equal than the distribution of income. D) is equal for all families.
Economics