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.
Effect of predator on prey populations.
Alzheimer’s Drugs Work by Intensifying the Effect of Acetylcholine at the Receptor
Fossil fuel emissions and climate change
Ancient Climate Change
The Effect of Using a Ratio Scale
The ancestral and modern-day tomato. (b) Phenotypic effect of the fw2.2 transgene in the tomato