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Author Question: Which of the following statements is true of the world price of a good? A) It is determined by ... (Read 110 times)

tsand2

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on: Jun 29, 2018
Which of the following statements is true of the world price of a good?
 
  A) It is determined by the World Bank.
  B) It is determined by the intersection of the world supply and world demand curves for the good.
  C) It is always less than the domestic price of the good in the country that exports the good.
  D) It is always greater than the domestic price of the good in the country that imports the good.

Question 2

________ discourage low-risk individuals from seeking health insurance.
 
  A) Low premiums
  B) High premiums
  C) High costs of medical treatment
  D) Low interest rates


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tandmlomax84

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


tsand2

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Reply #2 on: Jun 29, 2018
Thank you :)


tandmlomax84

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Reply #3 on: Jun 29, 2018
Happy to help you


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