This topic contains a solution. Click here to go to the answer

Author Question: Nations trade what they produce in excess of their own consumption to: a. generate jobs for the ... (Read 67 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
Nations trade what they produce in excess of their own consumption to:
 a. generate jobs for the domestic economy.
  b. earn good will from the World Bank.
  c. prevent chronic surpluses from driving down domestic prices.
  d. acquire other things they want to consume.
  e. reduce the size of their foreign trade deficit.

Question 2

An economist might argue that U.S. national defense should be funded through tax revenues because:
 a. U.S. citizens are not very patriotic.
 b. the government is always a more efficient provider of goods than the private market.
 c. the government always seeks to act benevolently on behalf of its citizens.
 d. individuals who refuse to contribute to a national defense fund cannot be excluded from benefiting from national defense.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

d

Answer to Question 2

d




nhea

  • Sr. Member
  • ****
  • Posts: 305

 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

For a complete list of videos, visit our video library