Author Question: The data show that money growth and inflation are A) positively correlated. B) negatively ... (Read 104 times)

fnuegbu · **on:** Jun 29, 2018

The data show that money growth and inflation are

A) positively correlated.
B) negatively correlated.
C) not correlated.
D) independent phenomena.

Question 2

A country that has an absolute advantage in producing all goods will ________.

A) have a comparative advantage in some goods but not all
B) produce all goods at lowest opportunity cost
C) have a comparative advantage in all goods
D) not gain from specialization and trade