Which of the following sets of goods might, under the right circumstances, be substitutes for water?
A) Milk and juice
B) Beer and wine
C) Stones and bricks
D) A, B, and C above are all potential substitutes for water.
E) A and B above are potential substitutes for water, but C (stones and bricks) can never be substitutes for water in the real world.
D
Economics
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Refer to the scenario above. Which of the following will happen if she puts him into a day care?
A) The country's GDP will decrease by $12,000. B) The country's GDP will increase by $12,000. C) The country's GDP will remain unchanged. D) The country's trade deficit will increase by $12,000.
Economics
Explain the "Unfair Trade Practices" argument as a case against free trade
What will be an ideal response?
Economics