In a market economy, which of the following is most important if one is going to achieve high earnings?
a. hard work
b. having a graduate degree in a field like history or sociology
c. provision of goods and/or services that others value highly
d. membership in a labor union
c. provision of goods and/or services that others value highly
Economics
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At the start of the Civil War, the South adopted a trade policy that did not
a. discourage exports to England. b. ban sales of cotton to the North. c. eventually move England from neutrality in the Civil War. d. weaken the southern war effort.
Economics
Purchasing power parity suggests that
a. Given fixed prices, interest rates adjust so that a good costs the same across two countries b. Given fixed exchange rates, prices adjust such that a good costs the same across two countries c. All of the above d. None of the above
Economics