South Africa has a large percentage of the world's diamond deposits. This is an example of
a. comparative advantage. c. a developing country.
b. absolute advantage. d. none of the above
Question 2
The unemployment rate is an indicator of a country's economic situation because
a. people not earning an income reduce the flow of money in circulation.
b. fewer goods and services are produced when there is high unemployment.
c. a high unemployment rate can cause other people to lose their jobs.
d. all of the above
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