Most of what we buy and sell never makes it out of domestic markets
Indicate whether the statement is true or false
TRUE
Economics
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An answer to the question "How are goods produced?" determines:
A) who receives the goods that are produced. B) how tastes and preferences are determined. C) how resources are combined in the production of goods. D) the types and quantities of goods and services produced.
Economics
A model comparing savings and foreign exchange constraints to see which is binding for economic growth is known as a
(a) project appraisal. (b) two gap model. (c) computable general equilibrium. (d) trickle down model. (e) none of the above.
Economics