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Author Question: Which of the following is likely to happen, if consumption in an economy falls? A) Asset prices ... (Read 84 times)

azncindy619

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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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Answer to Question 1

B

Answer to Question 2

B




azncindy619

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Reply 2 on: Jun 30, 2018
Wow, this really help


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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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