Which country has the largest real GDP?

a. china
b. japan
c. US
d. Qatar
e. liechtenstein

Ans: c. US

Economics

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Sanjay has an ATV that he values at $3,000. Marilu is looking for a similar ATV but will only pay up to $2,400

Will trade between these two occur? Is there a policy government could implement that would encourage a trade to occur between Sanjay and Marilu? If so, what is that policy and will the policy make society richer?

Economics

When Keisha receives a flu vaccination, the additional benefit enjoyed by Keisha's friends is the

A) marginal private benefit. B) marginal external benefit. C) marginal social benefit. D) private benefit. E) marginal private cost.

Economics