When spending and incomes in an economy increase,
A) imports are likely to increase.
B) imports are likely to be unchanged.
C) imports are likely to decrease.
D) exports are likely to decrease.
Question 2
With trade, the slope of the Consumption Possibilities Curve (CPC) is equal to
A) the world price of the good on the horizontal axis.
B) the world price of the good on the vertical axis.
C) the opportunity cost of the good on the horizontal axis.
D) the opportunity cost of the good on the vertical axis.
Primary production increases with an increase in total phosphorus concentration.
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Atmospheric pressure decreases with increase in altitude.
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Creating a Continental Economy