Which of the following is false? a. Once a country has a ...

[swpotter12]

Which of the following is false?
 a. Once a country has a comparative advantage in producing a good, that comparative advantage will always continue.
  b. If you can mow the lawn at home faster than your younger brother, you have a comparative advantage over him in mowing the lawn.
  c. Restrictions on trade will reduce people's degree of specialization according to comparative advantage.
 d. As practice at producing what you have a comparative advantage in makes you better at it, your comparative advantage would tend to increase.

Question 2

If real GDP is increasing more rapidly than the population, then:
 a. interest rates must be falling.
 b. the economy must be experiencing inflation.
  c. per capita real GDP will be increasing.
 d. per capita real GDP will be decreasing.

[Sophiapenny]

Answer to Question 1

a

Answer to Question 2

c

[swpotter12]

Excellent

[ebonylittles]

Gracias!