If, between 2006 and 2016, the economy's real GDP grew from $20 billion to $40 billion, what was the average annual growth rate in the economy?

Countries that engage in trade will tend to specialize in goods in which they have a(n) _______ and will _______ those goods.

A) comparative advantage; import B) absolute advantage; export C) comparative advantage; export D) economic profit; import

All the welfare programs combined are twice as large as Social Security

Indicate whether the statement is true or false