Refer to the table below. According to the table, Martha has the absolute advantage in: Time to Make a PieTime to Make a CakeMartha60 minutes80 minutesJulia50 minutes60 minutes
A. both pies and cakes.
B. cakes.
C. pies.
D. neither pies nor cakes.
Answer: D
Economics
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In earlier centuries, the Roman and Chinese economies:
A. Expanded in such a way that output per person increased B. Expanded in such a way that output per person decreased C. Declined in such a way that output per person decreased D. Expanded but output per person remained virtually stagnant
Economics
Figure 29-1
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In Figure 29-1, which panel shows the effect of a Fed open-market sale on the interest rate?
A. Panel (A) B. Panel (B) C. Panel (C) D. Panel (D)
Economics