This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: It is possible to have a comparative advantage in producing a good or service without having an ... (Read 62 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

okolip

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


jman1234

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

What makes tea so good What makes tea so good
onions taste good onions taste good
Each of the eight injectors shown are producing a correct spray pattern for the applications. While ... Each of the eight injectors shown are producing a correct spray pattern for the applications. While ...
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Nuts are also a good source of B group vitamins (including folate), and vitamin E Nuts are also a good source of B group vitamins (including folate), and vitamin E
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library