Taxes, savings, and imports tend to magnify the effect of any spending change in the economy; that is, if investment spending initially increases, then spending will grow even more as taxes, savings, and imports increase, so the economic growth will accelerate.
Indicate whether the statement is true or false
Question 2
In our simple trade model, having a comparative advantage in a product implies that a country will specialize completely in the product
A) with the highest opportunity cost.
B) with the lowest opportunity cost.
C) where total output is lower per worker-hour.
D) where total output is greater per worker-hour.
The Greenhouse Effect
Effect of clinical decison support systems
Although males tend to be larger than females, the two overlap significantly in size. The size of a
Change in Drawing Abilities from Early to Middle Childhood Drawings become more realistic as fine m
Ecological sensitivity to climate change
Ancient Climate Change: Following the Cretaceous