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Author Question: It is possible for a nation to have an absolute advantage in the production of a product, but not a ... (Read 35 times)

ssal

  • Hero Member
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  • Posts: 572
on: Jun 30, 2018
It is possible for a nation to have an absolute advantage in the production of a product, but not a comparative advantage in the production of the same product.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The four components of the aggregate expenditures model are:
 a. consumption, investment, inventories, and government purchases.
  b. consumption, planned investment, unplanned changes in inventory, and exports.
  c. consumption, investment, government purchases, and net exports.
  d. consumption, investment, exports, and imports.


cpetit11

  • Sr. Member
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  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


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