A likely result of the September 11, 2001 terrorist attacks was ________
A) weaker consumer confidence
B) lower business confidence
C) a leftward shift of the AD curve
D) all of the above
E) none of the above
D
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The relative costs of two goods produced by two countries can be determined by comparing the ________ of their ________.
A) slopes; supply curves B) prices; domestic production C) slopes; production possibilities curves D) their absolute efficiencies; production
Between 1870 and 1920, the total labor force increased by threefold while
(a) the total number of people employed in agriculture increased by almost twofold and the total number of people employed in manufacturing and other non- agriculture increased fivefold. (b) the total number of people employed in agriculture increased by almost fivefold and the total number of people employed in manufacturing and other non- agriculture increased by threefold. (c) the total number of people employed in agriculture increased and the total number of people employed in manufacturing and other non- agriculture increased by threefold. (d) the total number of people employed in manufacturing and other non- agriculture increased fivefold while agriculture decreased by twofold.