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Author Question: Specialization and trade allow an economy to expand its: a. production possibilities. b. ... (Read 111 times)

urbanoutfitters

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on: Jun 30, 2018
Specialization and trade allow an economy to expand its:
 a. production possibilities. b. consumption possibilities.
  c. technological advantage. d. absolute advantage.

Question 2

A tax is regressive if it collects a:
 a. larger amount as income rises.
  b. constant amount as income rises.
  c. smaller fraction of income as income falls.
  d. smaller fraction of income as income rises.


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dellikani2015

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


urbanoutfitters

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Reply 2 on: Jun 30, 2018
Excellent

ktidd

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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