Exports are goods and services that are produced:
A. domestically and consumed in other countries.
B. in other countries and consumed domestically.
C. and consumed in other countries.
D. and consumers domestically.
Answer: A
Economics
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Refer to the scenario above. The interest earned on the sum deposited is:
A) $300. B) $1,000. C) $1,300. D) $2,300.
Economics
Most economists will argue that the minimum wage causes unemployment. Even politicians will recognize this when pressed
However, typically liberals will tout the benefits of the minimum wage while conservatives will decry the disruption that it causes in the labor market. Which economic objective seems to be more important for liberals and which is more important to conservatives if this general observation is correct? Which side is right?
Economics