If Fredonia has a closed economy, it ________ with other countries.

A. does not negotiate
B. trades
C. does not trade
D. prevents it's citizens from traveling to other countries but trades

Answer: C

Economics

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A job advertised in an industry publication rather than a local newspaper is an attempt to

A) use access to the industry publication as a screening mechanism. B) use access to the newspaper as a screening mechanism. C) use access to the industry publication as a means of statistical discrimination. D) use access to the newspaper as a means of statistical discrimination.

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One effect of market intervention is resource misallocation

a. True b. False Indicate whether the statement is true or false

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