Country A is labor abundant relative to country B if it has a larger labor force than B's
Indicate whether the statement is true or false
FALSE
Explanation: The ratio of labor to capital determines abundance.
Economics
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In the United States, the powers of eminent domain are put forth in the Fifth Amendment to the Constitution
Indicate whether the statement is true or false
Economics
Refer to Scenario 10-1. Based on the information above, what is the level of public saving?
A) $0 B) $1 trillion C) $2 trillion D) negative $1 trillion (a deficit of $1 trillion)
Economics