国经练习3.pdfVIP

Chapter 3: International Equilibrium CHAPTER 3 INTERNATIONAL EQUILIBRIUM MULTIPLE-CHOICE QUESTIONS 1. Which of the following isfalse concerning indifference curves? a. They illustrate how the nation ranks alternative consumption bundles b. Higher curves refer to more satisfaction c. They are negatively sloped, being bowed out away from the diagram’s origin d. They reflect the tastes and preferences of a consumer 2. The amount of one good that is just sufficien