Refer to Table 7-6. Which country has an absolute advantage in producing swords?

During a recession, would classical economists propose that changes in government spending or taxes be used to improve economic conditions? Briefly explain

What will be an ideal response?

One of the difficulties with an economic policy such as rent control is that

a. politicians do not consider its secondary effects b. economists disagree about the impacts of the policy c. it is difficult to enforce antidiscrimination laws in the rental housing market d. it makes landlords wealthy at the expense of renters e. pressure from landlords resulted in its repeal in many cities