Benefits of free trade include all of the following EXCEPT
A) increased world production.
B) higher standards of living.
C) transmission of new ideas.
D) increased international mobility of labor.
D
Economics
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What is NOT true about rational choice?
A) It is the same for all individuals. B) It can result in different decisions for different individuals. C) It involves comparing costs and benefits. D) It might turn out not to have been the best choice after the event. E) It is a choice that uses the available resources to best achieve the objective of the person making the choice.
Economics
Economists believe that production possibilities frontiers rarely have a bowed shape
a. True b. False Indicate whether the statement is true or false
Economics