Refer to Table 9-12. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many swords will Morocco gain compared to the "without trade" numbers?
A) 0 B) 15 C) 60 D) 75
B
Economics
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When more firms enter an industry:
a. the industry supply curve will shift right. b. the amount produced by each of the new firms will be less than the amount produced by each of the original firms. c. the amount produced by each of the new firms will be greater than the amount produced by each of the original firms. d. the industry supply curve will shift left.
Economics
Despite the monies spent by the federal and state governments, many observers believe which of the following?
a. public infrastructure such as bridges and roads is only adequate b. our educational system is lacking c. not enough monies are spent on homeland defense d. all of these are correct
Economics