If GDP is less than GNP, we know with certainty that
A) a budget deficit exists.
B) a trade surplus exists.
C) a trade deficit exists.
D) none of the above
D
Economics
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For all workers together, real wages grew between _____ and _____ percent between 1820 to 1860
a. 10; 20 b. 40; 60 c. 60; 90 d. 100; 150
Economics
You are the Minister of Trade for a small island country with the following annual PPC:
You are negotiating a trade agreement with a neighboring island with the following annual PPC:
What's the minimum number of fish you would be willing to accept in exchange for a coconut?
A. 4 B. 3 C. 5 D. 2
Economics