There is evidence that income per worker is converging in
A) the richest countries and the poorest countries.
B) the richest countries, but not the poorest countries.
C) the poorest countries, but not the richest countries.
D) neither the richest nor the poorest countries.
B
Economics
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The long-run aggregate supply curve is:
A. a horizontal line. B. an upward-sloping line. C. a vertical line. D. a downward-sloping line.
Economics
Comparative advantage means the ability to produce a good or service
A) at a lower selling price than any other producer. B) at a lower opportunity cost than any other producer. C) of a higher quality than any other producer. D) at a higher profit level than any other producer.
Economics