The largest single traded good (by value) in recent years has been
A) automobiles.
B) wheat.
C) televisions, stereos, and VCRs.
D) steel.
A
Economics
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Discuss the production function. How does the production function relate to the labor market and potential GDP?
What will be an ideal response?
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A Nash equilibrium occurs if ________
A) each player chooses strategies that are mutual best responses B) each player chooses his or her dominant strategy C) each player chooses only a pure strategy D) each player chooses only a mixed strategy
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