Refer to the information provided in Figure 6.15 below to answer the question that follows. Figure 6.15Refer to Figure 6.15. If the price of a hot dog is $2, Jason's income is

Countries gain from specializing in producing goods in which they have ________ and trading for goods in which other countries have ________

A) a comparative advantage; an absolute advantage B) an absolute advantage; an absolute advantage C) an absolute advantage; a comparative advantage D) a comparative advantage; a comparative advantage

By the accelerator hypothesis, if a firm's actual sales jump in one period to a higher maintained level, that firm's capital stock

A) also jumps in one period to a higher maintained level. B) gradually drifts upward to a higher maintained level. C) jumps upward and then falls back to zero. D) jumps upward and then falls back part of the way.