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Author Question: It is possible to have a comparative advantage in producing a good or service without having an ... (Read 57 times)

jman1234

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on: Jun 29, 2018
It is possible to have a comparative advantage in producing a good or service without having an absolute advantage.
 
  Indicate whether the statement is true or false

Question 2

If the Fed raises the federal funds rate, which of the following happens?
 
  A) the real interest rate falls
  B) aggregate demand decreases
  C) the price level rises
  D) net exports increase
  E) real GDP increases


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okolip

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


jman1234

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

xiaomengxian

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Reply 3 on: Yesterday
Excellent

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