In Table 1, steaks are classified as a(n)
A) normal good.
B) positive good.
C) inferior good.
D) marginal good.
A
Economics
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Which of the following contributes to a current account surplus for a country?
A) having tourists visit the country B) importing textiles C) having foreigners buy government securities from the country's government D) importing financial services
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If an economy's institutional production possibilities frontier (institutional PPF) shifts rightward, the economy's
A) natural unemployment rate rises. B) natural unemployment rate falls. C) Natural Real GDP declines. D) physical PPF shifts leftward. E) physical PPF shifts rightward.
Economics