The leading producer of sulphur in the world is ?
The leading producer of sulphur in the world is ?
A. Canada
B. USA
C. Spain
D. Italy
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If imports licenses are auctioned off to domestic importers in competitive market their scarcity value (revenue effect) accrues to ?
If imports licenses are auctioned off to domestic importers in competitive market their scarcity value (revenue effect) accrues to ?A. foreign corporations
B. foreign workers
C. domestic corporations
D. The domestic governmentIf the autarky price of S were lower in country A than in country B then if trade were allowed ?
If the autarky price of S were lower in country A than in country B then if trade were allowed ?A. A would likely export S to B
B. A would likely import S from B
C. neither country would want to trade
D. None of the aboveWhich of the following are not third-world regions ?
Which of the following are not third-world regions ?A. Latin America
B. Asia
C. Africa
D. AustraliaThe theory that explains business cycles by the dynamic interaction of consumption and investment demand is the ?
The theory that explains business cycles by the dynamic interaction of consumption and investment demand is the ?A. sun spot theory
B. multiplier accelerator model
C. Solow theory
D. New classical theorySuppose an oligopolist individually maximizes its profits. When calculating profits, if the output effect exceeds the price effect on the marginal unit of production, then the oligopolist ?
Suppose an oligopolist individually maximizes its profits. When calculating profits, if the output effect exceeds the price effect on the marginal unit of production, then the oligopolist ?A. Should produce more units
B. has maximized profits.
C. is in a Nash equilibrium
D. Should produce fewer units
E. should exit the industry.In the year 2010-11 what was per capita income ?
In the year 2010-11 what was per capita income ?A. $ 1095
B. $ 905
C. $ 945
D. $ 975