Which of these is NOT an element of fiscal policy?
A. Government spending
B. Interest rates
C. Taxes
D. Government borrowing
Ans: B. Interest rates
Economics
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People specialize in activities in which they have a comparative advantage
A) if they know they are more productive than anyone else in the particular activity. B) only if they understand the logic of comparative advantage. C) when they expect to obtain more of whatever they want by doing so. D) only when all of the above are true.
Economics
Selling a product at a price below its cost is known as dumping
Indicate whether the statement is true or false
Economics