The trade-to-GDP ratio for a nation that had $600 million in exports, $400 million in imports, and GDP of $2,000 million would be

A) 0.1.
B) 0.2.
C) 0.5.
D) -0.1.

C

Economics

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"A government surplus can decrease investment through the crowding-out effect because the surplus decreases the supply of loanable funds." Is the previous assertion right or wrong? Why?

What will be an ideal response?

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Paper Pushers Inc. hires workers in a competitive labor market. Apart from labor, the company has no other variable inputs. The company's hourly output varies with the number of workers hired, as shown in the table. WorkersPages/hour0014027531054125514061507155 As Paper Pushers Inc. hires more workers each hour, the marginal product of labor ________.

A. decreases B. decreases and then increases C. increases D. remains constant

Economics