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Author Question: Which of the following is likely to happen, if consumption in an economy falls? A) Asset prices ... (Read 90 times)

azncindy619

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on: Jun 30, 2018
Which of the following is likely to happen, if consumption in an economy falls?
 
  A) Asset prices rise. B) Household bankruptcies rise.
  C) Labor supply falls. D) Mortgage defaults fall.

Question 2

Refer to Table 18.1. Russia has a comparative advantage in
 
  A) gloves. B) hats.
  C) both hats and gloves. D) neither hats nor gloves.


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yahahah24021

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


azncindy619

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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