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

Author Question: Specialization and trade allow an economy to expand its: a. production possibilities. b. ... (Read 122 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

b

Answer to Question 2

d




urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

For a complete list of videos, visit our video library