In an open economy, this country will ________ million bushels of corn.

A. import 150
B. import 600
C. export 600
D. export 300

Answer: C

Economics

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The simple Keynesian model assumes that

A) gross private domestic investment exceeds net investment by the capital consumption allowance. B) prices, especially the price of wages, are "sticky downward." C) there will never be any excess capacity in the short run. D) aggregate demand will always equal aggregate supply.

Economics

According to economic reasoning, you should follow Nike's advice and "Just Do It" when

What will be an ideal response?

Economics