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

Author Question: What does it mean for a nation to have an absolute advantage in producing a product? What will be ... (Read 93 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 30, 2018
What does it mean for a nation to have an absolute advantage in producing a product?
 
  What will be an ideal response?

Question 2

Consider two countriesA and B. Economy A is a command economy, while economy B is a market economy. Given this information, which of the following statements is likely to be true?
 
  A) Both economies are likely to grow at the same rate.
  B) Both economies are likely to stagnate without any increase in GDP.
  C) Institutions in economy A are likely to be more inclusive than institutions in economy B.
  D) Institutions in economy B are likely to be more inclusive than institutions in economy A.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


bobbie

  • Member
  • Posts: 592
Reply 2 on: Jun 30, 2018
Excellent

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

The ovaries. In addition to producing ova, the ovaries secrete the female sex hormones, estrogen and The ovaries. In addition to producing ova, the ovaries secrete the female sex hormones, estrogen and
Battle scene from The Birth of a Nation, directed by D. W. Griffith. Battle scene from The Birth of a Nation, directed by D. W. Griffith.
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
Product & Process Influences - Sterile Products Product & Process Influences - Sterile Products
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
The functional role of pRB. The pRB protein product of RB1 The functional role of pRB. The pRB protein product of RB1
Video: Alternative Energy Sources

For a complete list of videos, visit our video library