A society's decision to produce more tanks may require it to forgo production of some cars
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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International trade currently involves about ______________ worth of goods and services thundering around the globe.
a. $200 billion b. $20 trillion c. $200 trillion d. $2 trillion
Economics
Contractionary monetary policy to prevent real GDP from rising above potential real GDP would cause the inflation rate to be ________ and real GDP to be ________
A) higher; higher B) higher; lower C) lower; lower D) lower; higher
Economics