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Author Question: Along the aggregate supply curve A) the horizontal part represents a situation where the economy ... (Read 38 times)

sarasara

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on: Jun 30, 2018
Along the aggregate supply curve
 
  A) the horizontal part represents a situation where the economy is operating above full employment levels.
  B) inflation would be a primary concern along the horizontal part of the aggregate supply curve.
  C) the horizontal section of the aggregate supply curve represents the limit of production.
  D) the middle, upward-sloping part of the aggregate supply curve would be associated with a growing economy that experienced increased prices from resources that are becoming relatively scarce.

Question 2

Suppose that Canada can produce 15 units of timber or 3 units of grain. Suppose that Mexico can produce 6 units of timber or 2 units of grain. Which of the following is CORRECT?
 
  A) Mexico has a comparative advantage in grain production.
  B) Mexico has an absolute advantage in timber production.
  C) Canada has a comparative advantage in grain production.
  D) The countries would find trade mutually beneficial at a trading ratio of 1 grain for 2 timber.
International Economics ¦ Gerber ¦ 6th Edition
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bdobbins

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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.
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sarasara

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Reply 2 on: Jun 30, 2018
Gracias!

amit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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