Post Eco201 final exam 2015
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Post Eco201 final exam 2015 1
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Question 1
When two individuals voluntarily trade,
both people generally gain from the exchange.
one person usually gains at the expense of the other.
one person always gains at the expense of the other.
the overall well-being of the two individuals remains unchanged.
Question 2
Indexation is the automatic correction by law or contract of a dollar amount for the effects of inflation.
True
False 
Question 3
Trade allows countries to specialize in what they do best and to enjoy a greater variety o...
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Post Eco201 final exam 2015•Post Eco201 final exam 2015
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Question 1
When two individuals voluntarily trade,
both people generally gain from the exchange.
one person usually gains at the expense of the other.
one person always gains at the expense of the other.
the overall well-being of the two individuals remains unchanged.
Question 2
Indexation is the automatic correction by law or contract of a dollar amount for the effects of inflation.
True
False 
Question 3
Trade allows countries to specialize in what they do best and to enjoy a greater variety o...