Ellie and Brendan both produce apple pies and vanilla ice cream. If Ellie's opportunity cost of one apple pie is 1/2 gallon of ice cream and Brendan's opportunity cost of one apple pie is 1/4 gallon of ice cream, a mutually advantageous trade can be struck at a price of one apple pie for 1/3 gallon of ice cream

When a temporary adverse supply shock hits a large open economy, it causes the current account to ________ and investment to ________

A) fall; fall B) rise; remain unchanged C) fall; remain unchanged D) rise; fall

The mid-1990s political debate on welfare resulted in Congress legislating in August of 1996,

a. the Taft-Hartley Act b. the Small Business Job Protection Act c. Graham-Rudman-Hollings d. the Wilmot Proviso e. the Personal Responsibility and Work Opportunity Reconciliation Act