Rebecca, a citizen of U.S., imported a watch from Switzerland. This transaction leads to a(n) ________
A) increase in the GNP of U.S. B) increase in the GDP of Switzerland
C) decrease in the GDP of Switzerland D) increase in the GDP of U.S.
B
Economics
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To be a successful entrepreneur requires willingness to
a. play it safe b. borrow money c. take risks d. abandon your family
Economics
If the price is $5 and the quantity demanded is 100 units, then at a price of $10, the quantity demanded will be
A) less than or equal to 100 units. B) greater than or equal to 100 units. C) less than or equal to 1000 units. D) equal to 100 units.
Economics