It is possible for a nation to have an absolute advantage in the production of a product, but not a comparative advantage in the production of the same product.
a. True
b. False
Indicate whether the statement is true or false
Question 2
The four components of the aggregate expenditures model are:
a. consumption, investment, inventories, and government purchases.
b. consumption, planned investment, unplanned changes in inventory, and exports.
c. consumption, investment, government purchases, and net exports.
d. consumption, investment, exports, and imports.
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