Given two economic systems, A and B, if economy A has a comparative advantage in the production of widgets, then

A) the inputs necessary to produce widgets in economy A cost less than in economy B.
B) economy A must give up less of all other goods to produce widgets than economy B.
C) economy A is less efficient in the production of some goods than economy B.
D) economy A would not benefit from the specialization of production.

B

Economics

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Indicate whether the statement is true or false

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The crowding-in effect results from

a. a low MPS. b. induced investment. c. induced consumption. d. rising interest rates.

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