Amy can produce either 5000 pounds of cheese or 20 cars per year. Mike can produce either 5000 pounds of cheese or 10 cars per year. If both Amy and Mike produce the good in which they have comparative advantage, the total annual output of this economy will be ________.

Some people support the Euro in hopes that the European Central Bank will emulate the monetary policy of the central bank of

A) Germany. B) France. C) Italy. D) Spain.

Collective bargaining contracts between management and the union negotiators

A) also apply to the workers who are not members of the union. B) usually are settled only after a strike. C) cover wages only. D) cover wages and fringe benefits only.