Trade results from
A) comparative advantage. B) diminishing returns.
C) self-sufficiency. D) absolute advantage.
A
Economics
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The strong demand for housing, rising housing prices, and a construction boom from 2000 to 2005 were a result of
a. market forces that were eventually cut short by the stock market crash of 2008. b. policy changes that had positive initial effects, but negative long-term effects. c. tightened mortgage lending standards that reduced the risks of obtaining a home mortgage. d. the rising interest rates of that period, which increased the demand for housing.
Economics
Consider the graph. What would most likely be the cause of a shift from D1 to D2?
A. A tax on buyers B. A subsidy for buyers C. A tax on sellers D. A subsidy for sellers
Economics