« previous next »

Author Question: Suppose the economy is initially experiencing a short-run recessionary ga A) lead to a decrease ... (Read 41 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
Suppose the economy is initially experiencing a short-run recessionary ga
 
  A) lead to a decrease in prices with an increase in real GDP.
  B) reduce the size of the recessionary ga

Question 2

Consider two individuals, Jesse and April, who hand paint kites and snowboards. Table 3.2 shows how much of each good Jesse and April can paint in one hour. Which of the following is TRUE?
 
  A) April has neither an absolute nor a comparative advantage in painting snowboards.
  B) April has both an absolute and comparative advantage in painting kites.
  C) April has both an absolute and comparative advantage in painting snowboards.
  D) April has neither an absolute nor comparative advantage in painting kites.


pami445

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

An example of genetic homology: a comparison of a short amino acid sequence within the p53 protein f An example of genetic homology: a comparison of a short amino acid sequence within the p53 protein f
Empathy draws a more positive response from the patient because it is based on the willingness of th Empathy draws a more positive response from the patient because it is based on the willingness of th
Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ... Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ...
Creating a Continental Economy Creating a Continental Economy
Migration and Global Economy Migration and Global Economy
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Video: Central Nervous System Animation

For a complete list of videos, visit our video library