If a country has an absolute advantage in producing a product, it may not have a comparative advantage in producing that product

Which of the following expenditure components of GDP can be negative or positive?

A) Consumption expenditure B) Investment C) Government expenditure on goods and services D) Net exports of goods and services E) None of the above because expenditure can never be negative.

Television stations have seemingly synchronized their commercial breaks. This is likely an example of

A) tacit collusion. B) explicit collusion. C) mixed strategies. D) pure strategies.