Question 9 What is NOT a plausible reason for the inflation in Figure 7: Va Quy Figure 7 a) The Central Bank has increased the money supply b) The value of money has increased c) The prices have increased. d) The amount of money in circulation per quantity of output produced has increased.

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.