Figure 32-3
?

If budget deficits shift the money demand curve as is illustrated in Figure 32-3, which component of total expenditures will be affected the most?

The Shipbreakers of Alang utilize much labor and little capital, thereby supporting the applicability of the

A) factor proportions explanation of the sources of comparative advantage. B) specific factor theory of comparative advantage. C) monopolistic competition theory of comparative advantage. D) scale economies theory of comparative advantage. E) basis of the non-dumping legislation.

The bandwagon effect corresponds best to which of the following?

A) Snob effect B) External economy C) Negative network externality D) Positive network externality