If the United States decides to trade with Yemen, we know that
a. Yemen will benefit, but trade with a less developed country could not benefit the United States.
b. it will not benefit Yemen because workers in the United States are more productive.
c. Yemen and the United States can both benefit.
d. it will not benefit either country because their cultural differences are too vast.
c
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The real interest rate equals the nominal interest rate ________ the inflation rate
A) times B) divided by C) plus D) minus
The concept of government as redistributor is
A. approved by many but questioned by many as well. B. generally rejected as against “the American way.” C. largely approved by a vast majority of Americans. D. unnecessary in the United States because income disparities are small. E. a conservative idea that many liberals reject.