Gains from trade will be possible as long as
A) levels of utility differ.
B) utility functions differ.
C) marginal rates of substitution differ.
D) endowments differ.
C
Economics
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Other things constant, an increase in the real GDP of a country will: a. increase the price level
b. shift the demand for money curve rightward. c. shift the demand for money curve leftward. d. decrease the nominal interest rate. e. decrease the quantity of money demanded.
Economics
________ a nation's production possibilities frontier represents economic growth
A) An outward shift of B) An inward shift of C) Moving up along D) Moving down along
Economics