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.
An example of the founder effect with subsequent adaptive radiation.
Hall-effect switches use metallic shutters to shunt magnetic lines of force away from a silicon ...
Effect of an Increase in gA,2 on Productivity and Output
Neutral Technological Change
Hormonal change during ovulation and urinear cycles
Position effect variegation of eye color in Drosophila