International trade arises from

A) absolute advantage.
B) comparative advantage.
C) importation duties.
D) the advantage of execution.

B

Economics

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Assume that a firm has $100 million in real assets and $90 in real liabilities. If the price level falls by ten percent, the real value of liabilities would ________

A) fall to $81 million B) change, but more information must be provided to determine the exact movement C) remain unchanged D) rise to $99 million

Economics

The long-run aggregate supply curve shifts right if

a. immigration from abroad increases. b. the capital stock increases. c. technology advances. d. All of the above are correct.

Economics