This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following has occurred for the United States since 1960? A) The ratio of exports to ... (Read 52 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
Which of the following has occurred for the United States since 1960?
 
  A) The ratio of exports to GDP (X/Y) and the ratio of imports to GDP (IM/Y) have both decreased.
  B) X/Y has increased while IM/Y has decreased.
  C) X/Y has decreased and IM/Y has increased.
  D) X/Y and IM/Y have stayed relatively constant.
  E) none of the above

Question 2

The price setting equation is represented by the following: P = (1 + m)W. When there is perfect competition, we know that m will equal
 
  A) W.
  B) P.
  C) 1.
  D) W/P.
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Christopher

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

C


cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Excellent

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

States that require licensing or certification. Graphic provided by Associated Bodywork & ... States that require licensing or certification. Graphic provided by Associated Bodywork & ...
The three states of matter: solid, liquid, and gas. The three states of matter: solid, liquid, and gas.
GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009 GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009
How the multiple-factor hypothesis accounts for the 1:4:6:4:1 phenotypic ratio How the multiple-factor hypothesis accounts for the 1:4:6:4:1 phenotypic ratio
Age structure for the United States Age structure for the United States
Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum
Video: Carbon fixing adaptations Animation

For a complete list of videos, visit our video library