Author Question: By engaging in trade and acting in their own self interest, World War II POWs were following the ... (Read 68 times)

lak

  • Hero Member
  • *****
  • Posts: 546
By engaging in trade and acting in their own self interest, World War II POWs were following the economic principle of
 
  A) division of labor. B) international trade.
  C) voluntary exchange. D) comparative advantage.

Question 2

According to the policy irrelevance proposition, real Gross Domestic Product (GDP) is determined by
 
  A) the economy's long-run aggregate supply curve.
  B) a combination of fiscal policy and monetary policy.
  C) the rate of inflation only.
  D) the economy's aggregate demand curve.


tranoy

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

For a complete list of videos, visit our video library