Refer to the table above. Laborland's net exports equal ________

A) -$20 billion B) $25 billion C) -$18 billion D) $18 billion

C

Economics

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All possible gains from specialization and exchange would be fully exploited only under which market structure?

A) Pure monopoly B) Perfect competition C) Oligopoly D) Structures allowing for price-searching activity E) Structures where entry is restricted

Economics

Whenever the price of Good A increases, the demand for Good B increases as well. Good A and B appear to be: a. complements. b. substitutes

c. inferior goods. d. normal goods.

Economics