John is a U.S. citizen who bought a house in Canada. This purchase will lead to a(n) ________
A) decrease in the GDP of Canada B) increase in the GDP of Canada
C) increase in the GDP of U.S. D) decrease in the GDP of U.S.
B
Economics
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To try to help farmers, governments I. set production quotas. II. set price ceilings
A) I and II B) only II C) only I D) neither I nor II
Economics
Which of the following is a determinant of consumer demand?
A) expectation of the future relative price of a product B) taxes imposed on firms that sell the product C) cost of inputs used to produce the product D) number of firms that produce the product
Economics