If all the goods and services we consumed were produced here in the United States a. our unemployment rate would fall. b. our inflation rate would fall. C. our economy would prosper, as more Americans would have jobs than currently do. d. we would be much poorer, as people in other countries can produce some things more cheaply than we can.

If all the goods and services we consumed were produced here in the United States a. our unemployment rate would fall. b. our inflation rate would fall. C. our economy would prosper, as more Americans would have jobs than currently do. d. we would be much poorer, as people in other countries can produce some things more cheaply than we can.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If all the goods and services we consumed were produced here in the United States
a. our unemployment rate would fall.
b. our inflation rate would fall.
C. our economy would prosper, as more Americans would have jobs than currently do.
we would be much poorer, as people in other countries can produce some things more cheaply than we can.

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