This topic contains a solution. Click here to go to the answer

Author Question: Which of the following has occurred for the United States since 1960? A) The ratio of exports to ... (Read 14 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
Which of the following has occurred for the United States since 1960?
 
  A) The ratio of exports to GDP (X/Y) and the ratio of imports to GDP (IM/Y) have both decreased.
  B) X/Y has increased while IM/Y has decreased.
  C) X/Y has decreased and IM/Y has increased.
  D) X/Y and IM/Y have stayed relatively constant.
  E) none of the above

Question 2

The price setting equation is represented by the following: P = (1 + m)W. When there is perfect competition, we know that m will equal
 
  A) W.
  B) P.
  C) 1.
  D) W/P.
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Christopher

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

E

Answer to Question 2

C




cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Excellent


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library