Economic restructuring that takes place as a result of opening to trade with other countries
A) contradicts the idea of gains from trade.
B) causes some trading activity to be zero sum.
C) worsens the nation's allocation of resources.
D) improves the nation's allocation of resources.
E) is a highly unlikely event.
D
Economics
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Contractionary monetary policy to prevent real GDP from rising above potential real GDP would cause the inflation rate to be ________ and real GDP to be ________
A) higher; higher B) higher; lower C) lower; lower D) lower; higher
Economics
Fast Technology sells its computers and monitors separately, but also sells them as a package. This is an example of ________.
A) mixed bundling B) two-part pricing C) an all-or-nothing offer D) pure bundling
Economics