Poor and developing countries are ranked on the top of the list of globalized countries by the KOF Swiss Economic Institute

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

False

Economics

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It takes Heather 1 hour to change the oil in the car and 20 minutes to do the dishes. It takes Zach 1.5 hours to change the oil in the car. For Zach to have a comparative advantage changing the oil it must take him more than ______ minutes to do the dishes

Fill in the blank(s) with correct word

Economics

The large increase in the elasticity of supply in crude oil during 2014-2015 created ________ price volatility.

A. slightly greater B. zero C. lesser D. enormously greater

Economics