Consumption possibilities, during a given time period, refer to the

A. Maximum amount that a country can produce if it imports and does not export.
B. Amount by which a country can expand its production possibilities by engaging in international trade.
C. Maximum amount of imported goods and services that a country can consume.
D. Alternative combinations of goods and services that a country could consume in a given period of time.

Answer: D

Economics

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If the price of mozzarella cheese (an ingredient in pizzas) declines due to a major technological breakthrough in the dairy industry, there would be:

A) a decrease in the supply of pizza. B) an increase in the supply of pizza. C) an increase in the quantity of pizza supplied. D) no change in the supply of pizza.

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________ work in the secondary markets matching buyers with sellers of securities

A) Dealers B) Underwriters C) Brokers D) Claimants

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