The existence of positive externalities due to the impossibility of full appropriability
A) supports the conclusions of the Heckscher-Ohlin model.
B) rejects the usefulness of government protectionism.
C) supports the concept that the government should support only high-tech industries.
D) provides support for government protectionism.
E) supports arguments for free trade.
D
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Show the effects of a change in the nominal interest rate and a change in real GDP using the demand for money curve
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The popularity of digital cameras has enticed large discount stores like Wal-Mart and Costco to offer digital photo printing services. How does this affect the digital photo printing market?
A) The demand curve for digital photo printing services shifts to the left. B) The supply curve for digital photo printing services shifts to the right. C) The supply curve for digital photo printing services shifts to the left. D) The demand curve for digital photo printing services shifts to the right.