« previous next »

Author Question: In economics, what does CPI stand for? A) Continuous Price Inflation. B) Central Price ... (Read 100 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
In economics, what does CPI stand for?
 
  A) Continuous Price Inflation.
  B) Central Price Information.
  C) Consumer Price Index.
  D) Collateral Price Inflation.

Question 2

Suppose that Canada can produce 15 timber or 3 film and Mexico can produce 9 timber or 3 film. Suppose that opportunity costs are constant. Which of the following is FALSE?
 
  A) Canada has an absolute advantage in timber production.
  B) Mexico has a comparative advantage in film production.
  C) The opportunity costs for producing timber are lower in Canada than in Mexico.
  D) Canada and Mexico would find trade mutually advantageous at a ratio of one unit of film to six units of timber.
International Economics ¦ Gerber ¦ 6th Edition
Buy Test-Bank


TINA

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

The central dogma of genetics at the molecular level. The central dogma of genetics at the molecular level.
The central roles of ATP and NAD(P)H in metabolism The central roles of ATP and NAD(P)H in metabolism
Apply fascial mobilization in one direction using a palm. Stand to the side of the face cradle; ... Apply fascial mobilization in one direction using a palm. Stand to the side of the face cradle; ...
Rhythmic compression to shoulders. Stand at the head and place one hand on each shoulder. Gently ... Rhythmic compression to shoulders. Stand at the head and place one hand on each shoulder. Gently ...
Drawing of Central PompeII In Its Current State Drawing of Central PompeII In Its Current State
The Central Nervous System Includes the Brain and Spinal Cord The Central Nervous System Includes the Brain and Spinal Cord
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library