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

Author Question: A country that can produce a good using fewer resources than another country has a(n): a. lower ... (Read 21 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
A country that can produce a good using fewer resources than another country has a(n):
 a. lower opportunity cost of producing the good than another country.
  b. absolute advantage.
  c. specialization in the production of the good.
  d. all of these.

Question 2

What is the title of the John Maynard Keynes's book published in 1936 that challenged the classical self-correction economic theory?
 a. In the Long-run We Are Dead.
  b. Classical Economics Revised.
  c. General Theory of Employment, Interest, and Money.
  d. A Keynesian Approach to Economic Policy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lolol

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

b

Answer to Question 2

c




TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
Excellent


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

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?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library