Taxes, savings, and imports tend to magnify the effect of any spending change in the economy; that is, if investment spending initially increases, then spending will grow even more as taxes, savings, and imports increase, so the economic growth will accelerate.
Indicate whether the statement is true or false
Question 2
In our simple trade model, having a comparative advantage in a product implies that a country will specialize completely in the product
A) with the highest opportunity cost.
B) with the lowest opportunity cost.
C) where total output is lower per worker-hour.
D) where total output is greater per worker-hour.
Sequential decline of whale catches in the Antarctic shows the strong effect of human predators.
Stages of Health Behavior Change
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Effect of Atmospheric Stability
Effect of an Increase in gA,2 on Productivity and Output
Hormonal change during ovulation and urinear cycles