In general, GDP per capita is not highly correlated with alternative measures of quality of life

A vertical aggregate supply curve implies __________ Phillips curve

A) an upward-sloping B) a downward-sloping C) a vertical D) a horizontal

Figure 34-2 ? In Figure 34-2, if the United States and Mexico are negotiating to trade wheat for petroleum,

A. the United States must receive more than 1 2/3 units of petroleum for a unit of wheat. B. Mexico must receive more than 1 2/3 units of petroleum for a unit of wheat. C. the limits of the agreement are between 1 unit of wheat for 2/3 unit of petroleum for the United States and 1 unit of wheat for 1 1/2 units of petroleum for Mexico. D. if the agreement is formalized at 1 unit of wheat for 1 unit of petroleum, then Mexico will benefit from the trade but the United States will not.