Which statement is true?
A. The United States has a larger national output than any other country in the world.
B. We have had recessions about every three years since World War II.
C. There were no recessions while Ronald Reagan was president.
D. None of the statements are true.
A. The United States has a larger national output than any other country in the world.
Economics
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An ____________ identifies all the combinations of capital and labor that can be purchased at a given total cost.
Fill in the blank(s) with the appropriate word(s).
Economics
A tariff is a
A) tax on an exported good or service. B) tax on an imported good or service. C) subsidy on an exported good. D) subsidy on an imported good.
Economics