In 1791, what percentage of America's clothing was homemade?
a. 10%–20%
b. 30%–40%
c. 60%–80%
d. 95% or more
c. 60%–80%
Economics
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The J-curve effect in reference to the trade balance may persist:
a. for up to one year after the depreciation. b. permanently. c. for a few weeks only. d. for up to 10 years after the depreciation.
Economics
If a consumer has a choice between only two goods and both of them are perfect complements what would the indifference curve look like and why?
What will be an ideal response?
Economics