Most agree that ______________ is the degree to which the overall quality of one's life is judged as favorable. The General Social Surveys (GSS) of the United States asks questions about this

Each firm in a monopolistically competitive market faces a perfectly inelastic demand curve for its product

a. True b. False Indicate whether the statement is true or false

If Atlantis has an open economy, then it:

A. does not trade with other countries B. has a democratically elected government C. trades with other countries D. allows imports but not exports.