________ gains from trade refer to the situation where, over time, international trade leads to an outward shift in a country's production possibility frontier

The type of labor agreement that requires workers to be union members prior to being considered for employment is a

A) right-to-work agreement. B) closed-shop agreement. C) union shop agreement. D) open-shop agreement.

The marginal propensity to consume is:

a. the change in income divided by the change in consumption. b. consumption spending divided by income. c. income divided by consumption spending. d. the change in consumption divided by the change in income. e. the change in consumption divided by income.