The above figure gives your budget line between CDs and magazines. Which combination of CDs and magazines is not affordable?

A) combination a
B) combination b
C) combination c
D) both combinations b and d

A

Economics

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Leontief used an input-output table in order to test the

A) classical theory. B) the Heckscher-Ohlin theory. C) the Linder hypothesis. D) All of the above.

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Which of the following statistics is the best single measure of overall economic activity?

A) The labor force participation rate. B) The inflation rate. C) GDP. D) The trade surplus.

Economics