Who is likely to be in favor of a country that would be a net-importer if it moved from autarky to free trade?

Everything else held constant, a decrease in wealth

A) increases the demand for stocks. B) increases the demand for bonds. C) reduces the demand for silver. D) increases the demand for gold.

The behavior of firms is best understood by focusing on

a. money profit b. economic profit c. accounting profit d. economic profit minus implicit costs e. money profit minus explicit costs