An example of a(n) ________ comparative advantage is that some U.S. consumers prefer German beer over American beer because German beer has a reputation for tasting better.

The _____________ is a measure of the goods and services affordable and available to consumers

a. standard of living b. level of living c. consumption standard d. online consumer survey

If unemployment is the major problem in the economy, which of the following would be an appropriate monetary policy response?

a. decrease the required reserve ratio b. decrease the interest rate the Fed pays on bank reserves c. buy government bonds d. all of the above