Refer to Figure 2-9. Which country has a comparative advantage in the production of popsicles?

Merit is judged by one's ability to produce

A) what is considered useful by society. B) what is considered valuable by society. C) what is considered beneficial to society. D) all of the above.

Which of the following would cause an increase in the velocity of money?

a. An increase in the use of credit cards b. An increase in the money supply c. An increase in the demand for money d. A decrease in the rate of interest e. A decrease in nominal GDP and a constant money supply