Compared with other countries in the OECD, French government spending relative to GDP is
A) among the highest.
B) about average.
C) slightly below average.
D) among the lowest.
A
Economics
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Comparative advantage occurs when a person or a country can produce a good or service at a lower ____ than others
a. fixed cost b. variable cost c. opportunity cost d. total cost
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Which of the following is a characteristic of pure monopoly?
A. Close substitute products. B. Barriers to entry. C. The absence of market power. D. "Price taking."
Economics