Borrowing VCU3 from an online company cause the nation's:
a. Monetary base to fall.
b. M2 money supply to rise.
c. M2 money multiplier to fall.
d. Monetary base to remain the same.
.D
Economics
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A nation should only import those goods for which it has
a. lower opportunity costs than its trading partner b. higher opportunity costs than its trading partner c. zero transaction costs d. lower costs of production than its trading partner e. absolute advantage in production compared to its trading partner
Economics
If the U.S. government determines that the cost of feeding an urban family of four is $7,500 per year, then the official poverty line for a family of that type is
a. $7,500. b. $15,000. c. $22,500. d. $30,000.
Economics