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.
Effect of substrate concentration on the initial velocity of an enzyme-catalyzed reaction
The Orographic Effect
The Importance in the World Fossil Fuel Economy
Fossil fuel emissions and climate change
Cocaine’s Effect on the Brain
Position effect, as illustrated in the eye phenotype in two female Drosophila