Which country has the largest area in the world ?
Which country has the largest area in the world ?
A. Canada
B. China
C. India
D. Russia
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The retail price index is used to__________________?
The retail price index is used to__________________?A. construct price lists
B. compare shop prices
C. measure changes in the cost of living
D. None of the aboveWhich of the following is not a supply side measure ?
Which of the following is not a supply side measure ?A. Increased training
B. Providing more information
C. Helg individuals to move location to find work
D. Increasing spending on existing industriesA demand switching policy could be ?
A demand switching policy could be ?A. Higher interest rates
B. Higher income tax
C. Tariffs
D. Reduced government spendingIf injections are less than withdrawals at the full-employment level of national income, there is ?
If injections are less than withdrawals at the full-employment level of national income, there is ?A. an inflationary gap
B. hysteresis
C. A deflationary gap
D. hyperinflationSuppose the demand for good Z goes up when the price of good Y goes down. We can say that goods Z and Y are ?
Suppose the demand for good Z goes up when the price of good Y goes down. We can say that goods Z and Y are ?A. perfect substitutes
B. complements
C. unrelated goods.
D. substitutes.The trade model of the Swedish economies Heckscher and Ohlin maintains that ?
The trade model of the Swedish economies Heckscher and Ohlin maintains that ?A. Absolute advantage determines the distribution of the gains from trade
B. Comparative advantage determines the distribution of the gains from trade
C. The division of labor is limited by the size of the world market
D. A country exports goods for which its resource endowments are most suited