Based on Table 3.1, the opportunity cost of a pair of shoes in the United States is
A) three computers.
B) two computers.
C) one computer.
D) one-half computer.
E) None of the above.
D
Economics
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An appreciation of the Japanese yen relative to the U.S. dollar will
a. increase aggregate demand in the United States. b. increase aggregate supply in the United States. c. increase aggregate demand in Japan. d. decrease aggregate supply in Japan.
Economics
According to the Gerschenkron model, the impulse to overcome relative backwardness came from:
a. Emperor Hirohito b. The Tokugawa warriors c. The Emperor code d. Confucius e. The realization of relative backwardness
Economics