The financial crises of the 1990s have conclusively proved that globalization causes financial crises

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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If the wage rate is ________ the value of marginal product, a firm can increase its profit by ________

A) greater than; selling an extra unit of output B) less than; selling one less unit of output C) less than; hiring an extra worker D) less than; hiring one less worker

Economics

Refer to Figure 9-4. Under autarky, the equilibrium price is

A) $54. B) $30. C) $0. D) $24.

Economics