Imports are products produced in the home country and sold in another country

Indicate whether the statement is true or false

FALSE

Economics

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Which of the following statements is FALSE regarding the definition of poverty?

A) A threshold income level is used to define poverty. B) Adjustments to the poverty level are made on the basis of changes in the Consumer Price Index. C) Real incomes in the United States have been growing at a compounded annual rate of almost 2 percent per capita. D) Poverty cannot be defined in relative terms.

Economics

A firm's marginal rate of return on investment curve shows the amount

a. saved by the firm at each alternative interest rate b. invested by the firm at each alternative interest rate c. saved by the firm at each alternative rate of time preference d. invested by the firm at each alternative marginal resource cost e. saved by the firm at each alternative marginal revenue product of investment

Economics