In 2014, which of the following countries had the highest ratio of exports to GDP?

When potential GDP increases, long-run aggregate supply also increases

Indicate whether the statement is true or false

Economics is the study of:

a. the allocation of scarce resources and the ways in which human decision makers utilize those resources. b. the methods that human decision makers use to transform a scarce good into a non-economic good. c. how to operate a business successfully. d. a utopian society. e. how to make money in the stock market.