The conundrum between valuable water and a relatively unusable diamond is explained by the

Which of the following is NOT an assumption of the classical system?

A) Wages and prices are inflexible. B) Pure competition exists. C) There is no money illusion. D) People are motivated by self interest.

Over the last 140 years or so, on average Canada's real GDP per-person grew faster than that of the U.K

a. True b. False Indicate whether the statement is true or false